Chipotle Reports First Quarter Sales Growth, Shares Rise
Chipotle Mexican Grill (CMG) reported a 0.5% increase in comparable store sales for the first quarter, marking the first growth in over a year. Despite this, rising costs impacted its bottom line. Shares of Chipotle rose 3.03% following the report.
Tickers: $CMG
Topics: Chipotle Mexican Grill costs profit margins revenue growth same-store sales