Chipotle Mexican Grill smashed fourth-quarter earnings and sales expectations amid traffic gains that bucked recent industry trends.
The quick-service giant’s net sales rose 15.4% to $2.52 billion in the quarter ended Dec. 31, topping estimates of $2.49 billion. Digital sales represented 36.1% of total food and beverage revenue.
For more information on Chipotle, contact Bill Dickinson (703.310.6983) and Melissa Webb (571.382.1227) or visit our retailer page.