NYSE:CMGHospitality
How Chipotle’s (CMG) Q2 Results and Chipotlane Expansion Have Changed Its Investment Story
Chipotle Mexican Grill recently reported its second quarter results, with revenue rising to US$3.06 billion, but quarterly net income slipping to US$436.13 million from the previous year.
The company also announced plans for 315 to 345 new restaurant openings, most featuring Chipotlanes, while providing guidance for flat comparable sales in 2025.
We'll explore how Chipotle's planned expansion, particularly with Chipotlanes, may influence its current investment narrative and outlook.
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