The fast-casual chain is leaning on its digital business, and looking at premium pricing for delivery
When the coronavirus pandemic shut down dine-in operations at restaurants in March, Chipotle Mexican Grill was on a same-store sales streak.
The Newport Beach, Calif.-based chain was on a path to beating last year’s comp.
“We were off to the gates of comping the comp in a big way,” CEO Brian Niccol told investors during a conference call organized by Evercore ISI Virtual Consumer & Retail Summit.
Here are highlights from the Evercore event, which also included Jack Hartung, Chipotle’s chief financial officer. The top executives spoke about the brand’s accelerated digital business, the future of Chipotlanes, making delivery profitable and a move to produce more digital-only products.
Digital business
Despite the devastating economic impacts ca...
This content is available for registered users
Already have an account?
