Chipotle Stock Is a Goldman Sachs' Top Restaurant Pick for a Reason
Chipotle Mexican Grill(CMG) Investor Place·2024-06-19 18:35
As I noted in a previous column, many Americans reported in a recent survey that they intend to spend more money on food going forward. That bodes well for Chipotle Mexican Grill (NYSE:CMG), which has become one of America’s most popular restaurant chains. What’s more, in the first quarter of the year, Chipotle’s comparable restaurant sales, profits and profit margins all increased by impressive amounts and the company is continuing to innovate effectively and open significant amounts of new restaurants. In ...