Chipotle Management Says Nearly Half of Sales Were Digital, But Challenges Remain

Nicholas Rossolillo, The Motley Fool
·5 min read
Chipotle Management Says Nearly Half of Sales Were Digital, But Challenges Remain
Chipotle Management Says Nearly Half of Sales Were Digital, But Challenges Remain

Chipotle Mexican Grill (NYSE: CMG) is far more fortunate than most, as it has already returned to growth mode, thanks in no small part to its digital ordering applications and delivery partnerships. Chipotle notched a 14% year-over-year revenue gain in the third quarter to $1.58 billion. Chipotle started investing in digital sales and delivery long before COVID-19 was on anyone's radar.