July 23 (Reuters) - Chipotle Mexican Grill Inc beat analysts’ estimates for quarterly same-store sales on Tuesday, as the fast-casual chain’s aggressive investments in delivery and advertising lifted sales of its burritos and tacos.
Sales at restaurants open for at least 13 months rose 10% in the second quarter ended June 30, net of deferrals from the company’s loyalty program. Analysts on average estimated an 8.3% increase, according to IBES data from Refinitiv.
Revenue rose to $1.43 billion from $1.27 billion. (Reporting by Uday Sampath in Bengaluru; Editing by Anil D’Silva)