Chipotle generates $9.9B in 2023 revenue, a 14% increase from 2022, after a 50-for-1 stock split.
Chipotle, after a 50-for-1 stock split, is experiencing strong revenue growth - generating $9.9B in 2023, a 14% increase from 2022. Its share price nearly doubled, reflecting the company's impressive financial performance. CFO Jack Hartung believes the stock split makes the stock more accessible to employees and a wider range of investors. With these factors in mind, it's worth considering whether to invest in Chipotle stock.
July 08, 2024
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