Chipotle reports Q3 EPS ex-charges $2.16, consensus $2.00
Reports Q3 revenue $1.2B, consensus $1.23B. Comparable restaurant sales increased 4.4%. Digital sales grew 48.3% in the quarter and accounted for 11.2% of sales. Restaurant level operating margin was 18.7%. The company said, "Chipotle's strategy to win today and cultivate a better future is taking hold and I'm pleased to report our third quarter results with strong sales growth and restaurant margin expansion over last year. We made important progress during the quarter with the introduction of our 'For Real' marketing strategy and I'm encouraged by the progress we are making in building a pipeline of customer focused innovation, driving digital sales, elevating our restaurant operations and effectively executing our reorganization."