Chipotle comps up 11% in 4Q

Chipotle Mexican Grill ended both its fourth quarter and the full year with same-store sales increases over 11 percent, the company said Wednesday.

For the fourth quarter ended Dec. 31, Chipotle reported profit up 23.7 percent. Net income for the quarter was $57.5 million, or $1.81 per share, compared with $46.4 million, or $1.50 per share, the same quarter last year.

Revenue was up 23.7 percent for the quarter to $596.7 million, with same-store sales up 11.1 percent.

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