Chipotle Mexican Grill (NYSE: CMG) has been hot recently. Yesterday the stock hit a record high, going over $1,000 per share for the first time. Some like it spicy The Mexican-food restaurant chain has been able to adjust its operations to handle digital orders and move into takeout and delivery mode. Most orders during the the period were to-go, and only around 100 restaurants closed during the current pandemic. Image source: Getty Images. Chipotle released first-quarter earnings results on April 21 for the period ending March 31. Revenue increased 7.8% to $1.4 billion and comps increased 3.3%, which reflected weaker comps in March. Digital sales increased 80% and accounted for 26.3% of sales. The company's share price dropped in March as low as $415 from a year-to-date high of $934, but came back up to break $1,000, hitting $1,017 in trading on Monday. Building the brand One of the highlights of the first quarter was an increase in loyalty program members. In the month before the earnings release, daily sign-ups almost quadrupled. In the first quarter, 65% of new members were new to Chipotle, and 61% of previously in-store members joined digital. The company opened 28 stores during the first quarter and has another 49 in progress. CEO Brian Niccol said, "Cultivating a better world takes commitment from all of us, and we are fortunate to have the financial strength to weather this storm." Chipotle stock closed on Monday at $998.58. 10 stocks we like better than Chipotle Mexican GrillWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Chipotle Mexican Grill wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of April 16, 2020 Jennifer Saibil has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Chipotle Mexican Grill. The Motley Fool has a disclosure policy.Source