New Restaurant Stock Sweetgreen Is Better Than Chipotle Mexican Grill in This Key Metric
Chipotle Mexican Grill has been one of the best performing restaurant stocks of all time. Investors have loved its profitability over the years. And part of the reason it's been able to generate strong profits is because its average unit volume (AUV) -- or average annual sales per location -- is quite high.
Newly public restaurant company Sweetgreen (NYSE: SG) has higher AUV than Chipotle and maybe that's why investors have been so excited about this stock. And in this video from Motley Fool Backstage Pass, recorded on Dec. 6, Fool contributor Jon Quast explains to fellow contributor Danny Vena that there's more to like with Sweetgreen than just its high AUV.
Source Fool.com
