Chipotle reports big earnings beat, and its shares are jumping

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 72%

Markets Noticias

Breaking News: Markets,Earnings,Chipotle Mexican Grill Inc

The burrito chain said traffic increased 5.4% in its first quarter.

Chipotle Mexican Grill topped Wall Street's expectations for its quarterly earnings, revenue and same-store sales growth.In March, Chipotle's board approved a 50-for-1 stock split, one of the largest in the New York Stock Exchange's history.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Revenue: $2.7 billion vs. $2.

Chipotle has become the rare restaurant chain to report rising transactions despite higher menu prices. The company once again raised its prices in October, citing inflation. Others in the restaurant industry have turned to limited-time offers and deals to appeal to customers, particularly those with lower incomes.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in MX
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

México Últimas Noticias, México Titulares