Change is on the menu at Chipotle Mexican Grill.
The burrito joint’s new chief executive, Brian Niccol, said on Wednesday that he’d consider introducing new menu items, expanding its hours, redesigning its interiors — and even adding drive-throughs as he pilots a turnaround of the embattled chain.
So far, Nicol seems to be headed in the right direction.
Chipotle’s shares on Wednesday rose more than 10 percent, to $374 in extended trading, after the company reported stronger-than-expected first-quarter profits and sales.
Revenue increased 7.4 percent, to $1.1 billion, while same-store sales rose 2.2 percent — driven by a 4.9 percent rise in prices. The number of transactions fell slightly.
Net profits rose 29 percent, to $59.4 million.
Niccol said he’d share more details about his turnaround plans before the next quarter during an investor call.


