Chipotle posts surprise same-store sales growth in early sign chain could be breaking its slump
Orientul Mijlociu
Chipotle Mexican Grill on Wednesday reported surprising same-store sales growth, signaling the burrito chain could be starting to put last year's woes behind it. Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Chipotle reported first-quarter net income of $302.8 million, or 23 cents per share, down from $386.6 million, or 28 cents per share, a year earlier. Higher effective tax rates, wage inflation and rising beef prices
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