When Will Chipotle Reach Burrito Saturation?
On Friday's installment of Investor Beat, host Alison Southwick and Motley Fool Million Dollar Portfolio lead advisor Ron Gross take a look at some of the biggest blockbuster stories from this earnings season, to see who popped, and who dropped.
Chipotle had another phenomenal quarter this quarter, with shares up more than 11% by market close on the news. Revenue increased more than 20%, with same-store sales growing by more than 9%. The company is looking to open another 200 restaurants in 2014: Is that too aggressive? Could the company be approaching the dreaded "burrito saturation point?" In this segment, Ron tells investors why he loves this stock, and how much more growth the company could still have left.
Looking for more fantastic stocks for the long term?
As every savvy investor knows, Warren Buffett didn't make billions by betting on half-baked stocks. He isolated his best few ideas, bet big, and rode them to riches, hardly ever selling. You deserve the same. That's why our CEO, legendary investor Tom Gardner, has permitted us to reveal The Motley Fool's 3 Stocks to Own Forever. These picks are free today! Just click here now to uncover the three companies we love.
The article When Will Chipotle Reach Burrito Saturation? originally appeared on Fool.com.Alison Southwick has no position in any stocks mentioned. Ron Gross has no position in any stocks mentioned. The Motley Fool recommends Chipotle Mexican Grill. The Motley Fool owns shares of Chipotle Mexican Grill. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.