For the first quarter, Chipotle anticipates that their cost of sales would be in the high 29% range. This figure is due to a combination of pricing leverage and the reduced demand for brisket, which ...
The stock of Chipotle Mexican Grill ( CMG 0.96%) closed at its all-time high of $68.55 on June 18, 2024. At the time, investors were dazzled by the fast-casual restaurant chain's robust growth in ...