Where Will Chipotle Be in 5 Years?

Where Will Chipotle Be in 5 Years?

While the entire restaurant industry is suffering in 2020, Chipotle (NYSE: CMG) has seen tremendous growth in its business, with the stock up around 60% in the past 12 months. With all the moves the company is making, here's why investors should expect Chipotle to become a much larger business five years from now. Chipotle's same-store sales were up 8.3% last quarter (July, August, and September), and executives actually said that August was the high point for growth during the period.