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Chipotle's Ambitious Expansion and Stock Split Drive Future Growth

The fast-casual chain aims to double its store count and enhance international presence while making its stock more accessible.

  • Chipotle plans to increase its North American store count from 3,500 to 7,000 within five years.
  • The company is expanding internationally with new stores in Europe and its first franchise agreement in the Middle East.
  • A recent 50-for-1 stock split aims to attract more retail investors by lowering the share price.
  • First-quarter revenue grew by 14%, with comparable restaurant sales rising 7%.
  • Digital sales, which represent 37% of revenue, continue to boost profitability.
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