Chipotle same-store sales up 11% in third quarterChipotle same-store sales up 11% in third quarter

Chipotle Mexican Grill Inc. continued to post same-store sales gains reporting an 11% increase in its third quarter ended September 30, 2019.

Digital sales also continued to gain strength, growing 87.9% to make up 18.3% of sales for the quarter. Brian Niccol, CEO of Newport Beach, Calif.-based chain, has focused efforts on accelerating its partnership with DoorDash, including direct delivery through the company's app. 

"We're pleased with our overall results in the quarter, which reflects further progress on our key strategic initiatives to provide a great guest experience and position Chipotle to deliver above industry growth for many years to come," said Niccol. "These strong results reinforce that running great restaurants with a purpose of cultivating a better world is a compelling proposition."

Revenue for the quarter was $1.4 billion, up 14.6% from $1.2 billion in the same quarter a year earlier.

The brand currently has 2,546 units and is looking to open locations with drive-thru lanes, or Chipotlanes as it calls them. 

"Based on the early success of Chipotlanes, we shifted our real estate strategy to seek more sites that can accommodate a Chipotlane," the company said in a statement. 

Contact Gloria Dawson at [email protected]

Related:What’s the secret behind Chipotle’s soaring digital sales?

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