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Chipotle's 'Burrito boom' continues, but prices are going up

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The burrito business is booming, but rising commodities prices are taking a bigger bite.

Chipotle Mexican Grill (CMG) is proving to be one of the best at bringing Tex-Mex to the masses.

The fast food restaurant chain earned $83.1 million, or $2.64 per share, in the first quarter.

That fell short of analysts' expectations, but the restaurant touted its strong sales. Even the winter weather didn't hurt demand for burritos and tacos.

Chipotle shares MORE


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