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Chipotle Jumps on Profit Beat, Upbeat Sales Outlook

Workers prepare lunch orders at a Chipotle in New York.

Workers prepare lunch orders at a Chipotle in New York.

Photographer: Craig Warga/Bloomberg

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Chipotle Mexican Grill Inc. reported second-quarter earnings that topped analysts’ projections as the burrito chain added new locations and consumers proved willing to pay more. The company also provided an upbeat sales outlook.