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Chipotle blows by earnings estimates as resilient foot traffic, margin expansion boost Q1 results
Chipotle rang up another bowl of positive earnings on Wednesday afternoon. For its first quarter, revenue grew 14.1% to $2.7 billion, with same-store sales jumping by 7%, higher than estimates of 5.13%. The company also beat expectations on the bottom line, with adjusted earnings per share coming in at $13.37, compared to estimates of $11.66. […]