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Chipotle Smashes Estimates Once Again

Chipotle Smashes Estimates Once Again

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On Thursday, Chipotle Mexican Grill Inc (NYSE: CMG) issued its third-quarter results, smashing Wall Street’s estimates for both earnings and revenue. Menu price increases helped the burrito chain weather through the storm caused by higher costs on beef and freight, with shares rising 33% this year, resulting in a market value of $51.79 billion.

...read full article on Benzinga

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