Chipotle CEO Brian Niccol sat down with CNBC’s Jim Cramer on Wednesday to discuss the Mexican fast-food chain’s earnings and the “Autocado” robot prototype.
Chipotle reported $2.51 billion in revenue beating $2.53 billion consensus estimates after the bell. The company’s stock has climbed 50% year to date, but it fell more than 9% in extended trading.
“The good news is, we’re driving traffic, and, obviously, that traffic is resulting in same-store sales growth,” Niccol said. “And, frankly, our supply chain team, our operators, have done a great job of managing labor, managing costs along the way.”
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