As digital sales triple, comp sales increase by 8.3 percent despite lapping tough quarter
Chipotle Mexican Grill once again produced impressive third-quarter sales results, with comp(arable) sales increasing 8.3 percent. Total revenue jumped 14.1 percent compared to last year and resulted in $1,601.4M on the top line. Amid a health crisis that for many has correlated convenience with safety, digital sales increased 202.5 percent to $776.4M. Chipotle executives expect digital sales to reach $2.5B this year, putting average unit volume of store-level digital sales at the $1M mark.