Chipotle’s same-store sales jump on strong digital performance
April 25, 2019
Chipotle reported a 9.9 percent gain in same-store sales, its highest quarterly improvement in seven quarters, as digital sales including delivery increased 100.7 percent. Digital sales accounted for 15.7 percent of Chipotle’s total sales for the quarter that ended March 31.
Recent News
TikTok Suspends TikTok Lite Rewards Program in the EU
A TikTok service offering rewards such as gift vouchers for watching videos has been suspended by the social media site.
FCC Votes To Restore Net Neutrality Rules
The Federal Communications Commission (FCC) voted 3-2 on Thursday to reinstate net neutrality rules that were rolled back during the Trump administration.
Blackstone To Buy Tropical Smoothie Cafe
Alternative asset manager Blackstone is set to buy the restaurant chain Tropical Smoothie Cafe.
Ford’s Total EV Sales Post $1.3 Billion Loss in Q1
Ford’s EV division, known as Model e, faced a tough start to 2024.