Chipotle sales continue to slow in 3Q, despite traffic increase

Chipotle sales continue to slow in 3Q, despite traffic increase

Pork to return to 100 percent of units by fourth quarter

Chipotle Mexican Grill Inc. said Tuesday that traffic primarily contributed to a same-store sales increase of 2.6 percent in the third quarter ended Sept. 30.

That increase, however, paled in comparison to the 19.8-percent same-store sales growth of a year ago. It also indicated a slowdown in sales compared with the 4.3-percent same-store sales increase in the second quarter this year.

The Denver-based operator’s net income grew by 10.8 percent, to $144.9 million, or $

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