HomeLifestyleFood & BeverageChipotle (CMG) CFO Jack Hartung Talks Earnings, Growth, And Margins
Chipotle (CMG) CFO Jack Hartung Talks Earnings, Growth, And Margins

Chipotle (CMG) CFO Jack Hartung, explains that they had significant digital gains during the pandemic, and their goal was to try to hold onto those gains while the dining rooms reopen, and that is playing out this quarter. He says during the quarter, we held onto 80% of the digital gains that we picked up during the pandemic. He says they are regaining 70% of the dining business that went away temporarily during the pandemic. He discusses the strong restaurant margin levels. He discusses their wage increase and increase in applications. Chipotle stresses restaurant store growth and margin growth.

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