Where Will Chipotle Mexican Grill Be in 5 Years?

Brian Niccol was the CEO of Chipotle Mexican Grill (NYSE: CMG) from March 2018 through August 2024. And during his tenure, Chipotle stock was up nearly 800%. Having led such a performance for shareholders, investors were understandably rattled when Niccol abruptly resigned to take the CEO position at Starbucks.The dust from the leadership shakeup has finally settled for Chipotle stock, which makes now an ideal time to give the company a fresh look. In this article, I'll attempt to forecast what could happen with the business over the next five years and consider whether it's a worthy investment in light of its potential.Chipotle stock has rewarded shareholders over the long term in large part due to its incredible growth. Unlike many restaurant growth stocks, the company doesn't use a franchise business model. Rather, all of its more than 3,700 locations are company-owned, meaning it keeps 100% of restaurant profits instead of just franchise fees and royalties.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool