The company also shut down its remaining Pizzeria Locale restaurants during the quarter. Chipotle has added the new grills to 10 high-volume restaurants.ĭigital sales accounted for 38% of the company's food and beverage revenue this quarter.Ĭhipotle opened 47 new locations, 40 of which included drive-thru lanes to pick up digital orders. Niccol also shared that the chain is rolling out a dual-sided grill, which can cook chicken three times faster and steak four times faster. The company has also been training employees to improve how many burritos, bowls and tacos they can make during a shift. However, it already has plans to release a new menu item for later in the quarter. Executives said the menu item brought new customers to its restaurants in the second quarter, but the limited-time item will wrap up in August. In March, Chipotle introduced Chicken al Pastor. ![]() But Niccol said the chain isn't seeing weaker demand from low-income or high-income consumers. The company's same-store sales grew 7.4%, falling shy of StreetAccount estimates of 7.5%. "As we get closer to that fourth quarter, we'll make a decision exactly on what we want to do on the pricing front," CEO Brian Niccol said.Ĭhipotle's net sales rose 13.6% to $2.51 billion in the second quarter. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower ![]() Best Debt Consolidation Loans for Bad Credit
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |