Report
R.J. Hottovy
EUR 101.80 For Business Accounts Only

Chipotle's Longer-Term Margin Picture Clouded by Efforts to Drive Traffic, Restaurant Investments

Narrow-moat Chipotle heads into 2018 as a company in transition, with its fourth-quarter update offering a few hints of stabilization that were overshadowed by unknowns. On the positive front, comps are expected to come in the 1%-2% range for the first quarter (versus 0.9% in the fourth quarter), and Chipotle will embark on a restaurant remodeling (including a second make-line for digital ordering at many locations) and an employee investment program to resolve customer experience issues. Howeve...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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R.J. Hottovy

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