[1/3] The logo of Chipotle is seen on one of their restaurants in Manhattan, New York City, U.S., February 7, 2022.
REUTERS/Andrew KellyOct 25 (Reuters) - Chipotle Mexican Grill Inc (CMG.N) on Tuesday reported quarterly higher sales that topped Wall Street expectations, as higher menu prices did not dissuade the restaurant's affluent customers from digging into its burritos and rice bowls.
Comparable sales at the California-based chain jumped 7.6% in the third quarter ended Sept. 30, while analysts on average had expected a 7.3% rise, according to Refinitiv IBES.
Shares of the company rose 1% in extended trading.
Shares of the company rose about 4% in extended trading, as its restaurant level margin also rose to 25.3% from 23.5% a year earlier.