Chipotle Mexican Grill misses quarterly same-store sales expectations-February 2024-www.financetom.com

Chipotle Mexican Grill misses quarterly same-store sales expectations

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Chipotle Mexican Grill misses quarterly same-store sales expectations

Nov 3, 2024 2:56 PM

Oct 29 (Reuters) - Chipotle Mexican Grill ( CMG ) on

Tuesday fell short of market expectations for third-quarter

same-store sales growth as higher menu prices deterred demand

for its rice bowls and burritos in the United States.

Chipotle's comparable sales rose 6% in the third quarter,

compared with analysts' average estimate of a 6.3% rise,

according to data compiled by LSEG.

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