Chipotle Raises Comparable Restaurant Sales Outlook on 2Q Momentum

Dow Jones
07/30

Chipotle raised its full-year comparable restaurant sales guidance, now projecting growth in the low single digits, compared with a previous guide of flat comparable restaurant sales. The revision follows a 2.2% increase in second-quarter comparable sales, which included a 1.0% rise in transactions. That marks the second consecutive quarter of improving transaction comps, a contrast with the 4% decline posted in the year-ago period

 

This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors.

 

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