Chipotle Mexican Grill Inc. reported its largest-ever quarterly sales as online orders helped offset lost restaurant traffic during the coronavirus pandemic, though the shift created costs that are weighing on profit. Chipotle has benefited from a surge in to-go sales during the pandemic as consumers look for convenient food. The Newport Beach, Calif.-based burrito chain said Wednesday that same-store sales grew 8.3% in its third quarter over last year, exceeding the 7.3% increase analysts expected. Digital transactions,...

Source: Wall Street Journal October 21, 2020 21:22 UTC