Chipotle beats quarterly estimates as digital sales more than triple

Digital sales for the quarter – including customers who order ahead through Chipotle’s mobile app to pick up in special drive-thru “Chipotlanes” – grew 216% to nearly 61% of total sales. In the third quarter, margins and earnings per share will likely remain bumpy, executives said during a conference call. With more Americans staying home due to the coronavirus health crisis, Chipotle has relied heavily on online orders in recent weeks. …read more

Source:: Yahoo Finance

Discover Tomorrow’s Winning Stocks!
Get our latest stock reports before everyone else! Actionable news, and breakout stocks w multi-bagger upside potential — delivered directly to your inbox.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.