Chipotle Q2 2024 reports 11.1% same-store sales growth and 18.2% overall revenue increase.

Chipotle Mexican Grill (CMG) reports strong Q2 2024 results with 11.1% same-store sales growth and 18.2% overall revenue increase. This performance is driven by increased traffic at existing locations. However, investors should be cautious about expecting such high growth rates in the future. Chipotle's current high price-to-earnings ratio and potential slowdown in growth make it important for long-term investors to remain vigilant.

August 03, 2024
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