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Chipotle posted same-store sales growth of 6%, which contributed to revenue's 13% rise to $2.79 billion, though that fell short of the analyst consensus at $2.82 billion.
Chipotle is expanding faster than those fast-food giants, but it could struggle to maintain its premium valuation if its growth cools off. Chipotle is consistently buying back its own shares, but ...
Four growth pillars for Chipotle, based on analyst commentary and Q2 results. (Graphic created by Yahoo Finance) During Q2, digital sales made up 38% of Chipotle's total food and beverage revenue.
So when Chipotle's third-quarter same-store sales growth fell to "just" 6%, investors were disappointed. For comparison, McDonald's same-store sales in the third quarter dropped 1.5%.
And even though a same-store-sales growth rate of around 5% would be good, a return to that level from the current 11.1% rate would represent a roughly 50% decline in the same store sales trend.
Automating the kitchen will be crucial to Chipotle's expansion and goal of hitting 7,000 total locations from its current 3,600 stores. "[The] third phase of growth for Chipotle [is to] continue ...
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In Q2, Chipotle generated $2.97 billion in revenue and $455.7 million in net income, for year-over-year growth of 18.2% and 33.3%, respectively. Its revenue growth was partly attributable to the ...