Chipotle's stock pops — and so does demand for Chicken Al-Pastor

Category: Business

Chipotle reported strong second-quarter earnings, driven by increased demand for its chicken offerings and a 17% rise in customer visits compared to last year. The company plans to open 255 new locations in 2023 and aims for 285 to 315 new stores in 2024, with a focus on drive-through lanes. Despite concerns over food portion sizes, Chipotle's loyal customer base remains intact, contributing to its success in the current inflationary economy.

Keywords: Chipotle, earnings report, store openings

Source: Quartz

Update At: 7/25/2024

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