Dec 04, 2019 / 02:15PM GMT
Jeffrey Andrew Bernstein - Barclays Bank PLC, Research Division - Director & Senior Equity Research Analyst
Good morning. My name is Jeff Bernstein, and I am the restaurant analyst here at Barclays. I am pleased to introduce our next presenting company, Chipotle. With us this morning from Newport Beach, California, we have CEO, Brian Niccol; and CFO, Jack Hartung. And I am happy to lead this presentation as a fireside chat. I will kick it off with some questions of my own and then hope to have some audience participation.
For those not familiar, if that's possible, Chipotle is a fast-casual pioneer with over 2,500 company-operated restaurants. They're on track for this year now ending to deliver on the upper end of high single-digit comp growth and mid-single-digit unit growth. Otherwise, the initial look to 2020 is for another 6% unit growth, with more than half now featuring Chipotlanes, which is a new topic of discussion for them, which adds another sales layer. Ultimately, long-term guidance, of course for AUVs and margins to rise in concert. And management has noted each incremental $100
Chipotle Mexican Grill Inc at Barclays Gaming, Lodging, Leisure, Restaurant & Food Retail Conference Transcript
Jan 22, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers