Chipotle’s Digital Sales Are Still Soaring Despite a Reopening Economy

Chipotle Mexican Grill (NYSE: CMG) crushed analyst earnings estimates when the company reported its first-quarter results Wednesday. Though the company’s strength was broad-based, one key takeaway from the period was how digital sales continued to grow rapidly, even as Chipotle was up against tough year-ago comparisons when lockdowns started in March and people turned to mobile ordering for their restaurant food.
Here’s a look at Chipotle’s startling momentum in digital as well as other key drivers for the fast-casual restaurant’s rapid growth.
Image source: Chipotle.
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