Chipotle Mexican Grill Inc
CMG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| fV% | LOCK|Yz | LOCK|zlQ^PW& |
Chipotle Earnings: Strategic Investments Help To Attract Consumers; Shares Fairly Valued
Chipotle delivered 9.3% revenue growth in the second quarter, driven by 9% growth in company-owned stores. Comparable sales popped 2.2%, driven by growth in both transactions and average check. Unit-level margins dipped 220 basis points to 25.2%, partially due to higher beef costs.
