Retail

Chipotle Mexican Grill (CMG) Q1 2021 earnings beat

0


A person wearing a protective mask and gloves exits a Chipotle restaurant in San Francisco, California, April 19, 2021.

David Paul Morris | Bloomberg | Getty Images

Chipotle Mexican Grill is hanging on to recent gains in digital sales as its online orders overtook those made inside its restaurants for the first time.

First-quarter earnings released Wednesday topped Wall Street’s earnings estimates. Next quarter, Chipotle will face off against last year’s weakest quarter. That means same-store sales growth is expected to surge as much as 30%.

Shares of the company were up less than 1% in extended trading.

Here’s what the company reported compared with what Wall Street was expecting, based on a…



Source cnbc.com

Chauvin conviction in George Floyd death shows `justice was served’

Previous article

Maserati’s struggles to become a true luxury contender

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Retail