Chipotle Mexican Grill is investigating a data breach in its payment processing system, after reporting a sharp increase in sales.
The fast-casual restaurant said it recently detected unauthorized activity on its network that supports the payment system. Chipotle said the transactions occurred between March 24 and April 18, and the company believes it took the proper precautions to stop the breach.
The breach dominated the company’s other announcement that same-store sales grew 17.8 percent in the first quarter. Compared to the first quarter of 2016, revenue increased more than 28 percent to $1.07 billion. The chain also opened up 57 new restaurants.
» RETAIL APOCALYPSE: More than 8,600 stores could close in 2017
“2017 is off to a strong start, as our restaurant managers and teams are energized by our renewed focus on the customer,” said Steve Ells, founder, chairman and CEO of Chipotle. “By simplifying the focus in our restaurants to only those elements that lead to a great guest experience, our operations have improved every single month, which gives us confidence that we are on our way to achieve our mission to ensure that great food made with whole unprocessed ingredients is accessible to everyone.”
The increase in sales comes after Chipotle’s flurry of food contamination incidents a few couple years ago. The chain has several locations throughout the Miami Valley.
FIVE FAST BUSINESS READS