Chipotle Sees Restaurant Openings Fuel Top-line Growth in 2Q
Dow Jones
Jul 30
Chipotle said second-quarter revenue increased 9.3% to $3.3 billion, driven by new restaurant openings. The chain opened 100 company-owned restaurants in 2Q, with 80 of those locations featuring a Chipotlane drive-through pickup window for orders placed ahead of time. For the full year, Chipotle expects to open 350 to 370 new restaurants, with around 80% of company-owned locations including Chipotlanes
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