Chipotle’s stock was up 65% so far this year through Wednesday’s close
Chipotle Mexican Grill Inc. beat sales and profit expectations, continuing to regain its footing after operational problems spooked customers and investors.
The taco-and-burrito chain on Wednesday reported a profit of $3.13 a share on $88.1 million in income, up from $2.13 per diluted share on $59.4 million in profit in the first quarter of 2018. Excluding restructuring costs and certain other expenses, Chipotle reported an adjusted profit of $3.40 a share.
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