With sales up 6.2 percent in the third quarter, burrito chain Chipotle surpassed expectations. Chipotle also said it intends to keep prices in the single digits through early next year, although rising food costs will require an eventual price hike.
"This is joyous call. You've got same-store sales moving up to the mid-single digits," CNBC's Jim Cramer said. "There's a lot of things things they're able to do to basically please the food crowd because they're very much involved with the food chain."
Cramer also praised Chipotle's brand and company management.
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