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Chipotle Mexican Grill Achieves Same-Store Sales Growth for Third Consecutive Quarter

The Motley Fool +1 · ·by G4L

CMG Chipotle Mexican Grill
$35.74 +3.80%
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  1. 1Chipotle Mexican Grill achieved same-store sales growth for three consecutive quarters.
  2. 2Chipotle shares recorded a gain of nearly 9% on October 29.
  3. 3Chipotle Mexican Grill plans to increase prices by 3% in the fourth quarter.

So what's the key point?

Chipotle Mexican Grill's store sales have increased for three quarters in a row. The stock price rose by nearly 9% as the company plans to raise prices by 3% in the fourth quarter.

Source The Motley Fool +1 · View original ↗

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