Chipotle just shocked Wall Street, and it could change what you’re paying for lunch
Chipotle just shocked Wall Street, and it could change what you’re paying for lunch
Same-store sales flipped positive when analysts expected a drop, and it signals a turnaround after a rough year.
[Photo: David Paul Morris/Bloomberg via Getty Images]
Chipotle has been tweaking its recipe to lure diners back, and in the first quarter of the year, it appears to be working.
The build-your-own burrito chain posted higher sales in its new quarterly earnings report, showing some signs of life after a record rough year. Chipotle reported that sales across established stores perked up by 0.5%, besting a predicted 1% decline. In the........
