Chipotle Just Had an Awesome Quarter, But I'm Still Not Buying the Stock

Brian Withers, The Motley Fool
·6-min read
Chipotle Just Had an Awesome Quarter, But I'm Still Not Buying the Stock
Chipotle Just Had an Awesome Quarter, But I'm Still Not Buying the Stock

Many restaurants are struggling with the effects of the coronavirus, but Chipotle's (NYSE: CMG) business is doing better than most. Its easy-to-use digital ordering app and delivery partnerships have enabled the burrito maker to actually increase comparable restaurant sales and grow overall revenue year over year in its most recent quarter.