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Chipotle shares fall despite earnings beat, as robust delivery growth weighs on profits

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Chipotle earnings top estimates as delivery boosts sales growth.

Chipotle sales rose 14.1% in its third quarter, but the shift to delivery weighed on its profits.

Chipotle reported third-quarter net income of $80.2 million, or $2.82 per share, down from $98.6 million, or $3.47 per share, a year earlier.

 

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