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Don't Get Used to Chipotle's Impressive Growth
CMGChipotle Mexican Grill(CMG) The Motley Fool·2024-08-03 22:06

Chipotle is a hit with customers today and has been for a long time. But don't expect that to continue forever.Chipotle Mexican Grill (CMG -1.67%) has been a huge success for investors. That's largely because the brand concept has been a huge success with consumers. The latest sign of that is the company's massive 11.1% same-store sales performance in the second quarter of 2024. That helped to drive overall revenue 18.2% higher. These were impressive results, but be careful about projecting this strength in ...