Chipotle Mexican Grill reported better-than-expected quarterly earnings but fell short on sales, causing its stock to drop over 9%. The company's net income for the second quarter was $341.8 million, or $12.32 per share, compared to $259.9 million, or $9.25 per share, the previous year. However, Chipotle's same-store sales growth of 7.4% did not meet estimates. The company is considering raising menu prices again to counter rising ingredient costs and is planning to release a new menu item later in the quarter. Digital sales accounted for 38% of the company's revenue.
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