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Chipotle beats quarterly same-store sales estimates -Breaking

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© Reuters. Customer order at a Chipotle Restaurant in King of Prussia Mall (King of Prussia), Pennsylvania, U.S. November 22, 2019 REUTERS/Mark Makela/Files

(Reuters) – Chipotle Mexican Grill Inc (NYSE:) Thursday’s quarterly sales beat expectations for same-store sales. This was due to COVID-19 vaccines and the new products that encouraged people to eat out in its restaurants, despite paying higher prices.

According to Refinitiv data, the 3.Q3 comparable sales rose by 15.1%, which is higher than market forecasts of 13.4%.

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