Diners Return To Chipotle, Giving Earnings And Stock A Lift
Chipotle (CMG) tops Q2 estimates with 33¢ EPS and $3.35B revenue. Higher customer traffic drives 2.2% comp sales growth.
Chipotle served more customers than expected, which helped the company make more money than people guessed it would. When a restaurant gets busier and earns more, it shows people like what they're selling, which is something to notice when you watch that company.
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