Chipotle sizzles in Q1; to open 285-plus restaurants in 2024; drops spin-off plan


Chipotle sizzles in Q1; to open 285-plus restaurants in 2024; drops spin-off plan


Chipotle Mexican Grill reported strong first-quarter sales and earnings as traffic rose across all income groups, with consumers remaining unfazed by its higher menu prices.

The quick-serve chain also reiterated its plans to open 285 to 315 restaurants this year as it works towards its long-term goal of doubling its store count to 7,000 locations. Chipotle opened 47 new locations during its first quarter, with 43 including a drive-thru “Chipotlane,” giving it a total of nearly 3,500 restaurants...
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RSK: Chipotle is expanding...if you have a site I would definitely contact them.

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- - Volume: 24 - WEEK: 18 Date: 4/30/2024 2:36:44 PM -