Chipotle’s profit, sales soar in 3Q

DENVER In the midst of one of the harshest economic environments for restaurant companies, Chipotle Mexican Grill Inc. posted double-digit increases in sales and profit for the third quarter on new restaurant openings, menu price increases, and labor and other operating efficiencies.

 

The company, which operates 911 restaurants, said it opened 26 new restaurants during the quarter ended Sept. 30, and has completed 76 new openings so far this year.

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