Turns Out There's Room for 1,000 More Chipotles in North America
Chipotle Mexican Grill (NYSE: CMG) is thriving. As part of its quarterly earnings report, the Mexican restaurant chain told investors that it thinks there is room for 7,000 Chipotle locations in North America.
That was 1,000 higher than it had previously estimated. The announcement comes as the fast-casual eatery has been adjusting well to changing consumer habits since the pandemic's onset.
Image source: Getty Images.
Source Fool.com
