Chipotle reports surprise sales beat as it lures back customers with high-protein menu

Chipotle (CMG) reported that sales improved in the first quarter on Wednesday as the burrito chain aimed to regain momentum amid a tricky consumer backdrop. Same-store sales rose 0.5% in Q1, beating expectations for a 0.9% decline, according to Bloomberg consensus data. Revenue grew to $3.09 billion, more than the $3.07 billion expected, while adjusted earnings per share came in line with expectations at $0.24, though profits declined from $0.29 per share in the same quarter last year. The stock rose abo ...

Chipotle reports surprise sales beat as it lures back customers with high-protein menu - Reportify