Chipotle's third-quarter results exceeded earnings expectations but fell slightly short on revenue projections. Same-store sales rose slightly below estimates, and restaurant traffic also increased. The chain reintroduced the high-priced smoked brisket, driving sales for the quarter. Interim CEO Scott Boatwright assured investors the company’s strategy remains unchanged despite the leadership transition after Brian Niccol's departure to Starbucks. Chipotle aims to add over 300 new locations by 2025.
