Chipotle shares rally on earnings beat as CEO Niccol's changes take hold

Diners at Chipotle Mexican Grill spent more and avocados cost less during the second quarter, driving better-than-expected earnings. Shares surged by 6.6 percent Friday morning after the company beat Wall Street estimates, as some of the changes outlined by new CEO Brian Niccol last month appear to be taking hold.

from Earnings https://ift.tt/2OhwSCV