Chipotle Mexican Grill - The Fast Food Industry Leader Aims to Take off with new Menu Variations!

Business drivers: Chipotle Mexican Grill (CMG) has become one of the most recognized fast-food chains in the USA with over 4,000 locations. The fast-food giant, specializing in Mexican cuisine, has recently faced challenges like many other industry leaders due to subdued consumer demand, resulting in disappointing Q3 earnings driven by lower-than-expected comparable sales and higher costs. Although in Q3, the company met expectations with an EPS increase from 28 to 29 cents, thanks to price hikes, it fell short of expectations with a modest 0.3%...