NEW YORK (AP) — Chipotle's popularity isn't showing any signs of fading, and the Mexican food chain is eyeing whether it can raise prices later this year without scaring off customers.
The Denver-based company said Thursday that sales rose 9.3 percent at established locations in the final three months of the year. By contrast, McDonald's reported a decline of 1.4 percent for the period. Even Starbucks, which has enjoyed healthy growth, saw the figure rise by a more modest 5 percent.
The figure is a key metric because it strips out the volatility of newly opened and closed locations.See this story on www.huffingtonpost.com