Chipotle earnings beat estimates as customers paid more, helping offset surging costs - CNBC


4/26/2022 12:00:00 AM3 yearsago
by Amelia Lucas

Chipotle's restaurant operating margins shrank as it paid more for beef, avocados, paper and labor.

Chipotle Mexican Grill's quarterly earnings and revenue topped Wall Street's estimates, fueled by consumers' willingness to pay more for their burritos and bowls. Shares of the company rose 2% in ex… [+1803 chars]

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