(Reuters) –Chipotle Mexican Grill Inc has forecast that second quarter same-store sales will surpass analysts’ estimates. On Tuesday, the company bets that demand for burritos or rice bowls in spite of price hikes will continue to rise.

According to IBES data, Refinitiv, the burrito chain expected comparable sales growth of between 10% and 12% in the current quarter. This compares with 8.8% estimates.

Extended trading saw a 3% increase in shares.

Chipotle (NYSE :), is similar to McDonald’s Corp. (NYSE 🙂 Starbucks Corp (NASDAQ:) has increased the prices for its delivery and in-store menus to combat an increase in food prices, including beef, cooking oils, as well as wage increases.

The first quarter’s food, beverage, and packaging expenses accounted for 31% of total revenues, an increase 100 basis points over the previous year.

Comparable sales increased by 9% in March’s first quarter. Refinitiv analysts, however, expected 7.9% growth.