Chipotle CEO Brian Niccol Says Doubling the Chain's Restaurant Count to 7,000 is "Feasible in the Long Term"

Fast-casual restaurant chain Chipotle Mexican Grill (CMG 8.70%) just reported financial results for 2023, showing that it now has 3,437 locations, 271 of which opened in the last year. The chain is big enough to qualify as one of the top 20 largest chains in the U.S. by locations. But it wants to rise further up the restaurant ranks.In an interview with CNBC's Jim Cramer on Tuesday, Chipotle CEO Brian Niccol said the company plans to more than double its store count, reaching 7,000 locations at some point. ...