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Chipotle posted same-store sales growth of 6%, which contributed to revenue's 13% rise to $2.79 billion, though that fell short of the analyst consensus at $2.82 billion.
Based on a high-single-digit percentage rate of store growth and mid-single-digit percentage growth in same-store sales annually, Chipotle could generate close to $24 billion in sales in 2030 ...
Four growth pillars for Chipotle, based on analyst commentary and Q2 results. (Graphic created by Yahoo Finance) During Q2, digital sales made up 38% of Chipotle's total food and beverage revenue.
So when Chipotle's third-quarter same-store sales growth fell to "just" 6%, investors were disappointed. For comparison, McDonald's same-store sales in the third quarter dropped 1.5%.
The move comes after Chipotle missed market expectations for same-store sales growth in an earnings report released in October, Reuters reported. The company is also in the first few months after ...
Chipotle Mexican Grill, Inc. (/ tʃ ɪ ˈ p oʊ t l eɪ /, chih-POAT-lay), [3] often known simply as Chipotle, is an American multinational chain of fast casual restaurants specializing in bowls, tacos, and Mission burritos made to order in front of the customer. [4] [5] [6] As of June 30, 2024, Chipotle has 3,500 restaurants. [7]
22 June 2023 the American multinational 3M reached a $10.3bn settlement with a host of US public water systems to resolve water pollution claims tied to PFASs. [121] Three other major chemicals companies – Chemours , DuPont and Corteva – have reached an agreement in principle for $1.19bn to settle claims they contaminated US public water ...
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