The company reported its largest-ever quarterly sales as online orders helped offset lost restaurant traffic during the coronavirus pandemic, though the shift created costs that are weighing on profit
Chipotle Mexican Grill Inc. reported its largest-ever quarterly sales as online orders helped offset lost restaurant traffic during the coronavirus pandemic, though the shift created costs that are weighing on profit.
Chipotle has benefited from a surge in to-go sales during the pandemic as consumers look for convenient food. The Newport Beach, Calif.-based burrito chain said Wednesday that same-store sales grew 8.3% in its third quarter over last year, exceeding the 7.3% increase analysts expected. Digital transactions,...
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