Chipotle Just Said 3 Amazing Things on its Earnings Call

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Chipotle Just Said 3 Amazing Things on its Earnings Call

Chipotle Just Said 3 Amazing Things on its Earnings Call
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Chipotle Just Said 3 Amazing Things on its Earnings Call

TheStreet 1:04 mins

Chipotle’s earnings are out, and boy were they a blowout. The company dusted consensus earnings estimates by $0.43 and raised its 2014 same-store sales guidance. McDonald’s could only dream of doing those things. However, beneath the buzzy headlines, Chipotle revealed a few amazing insights on its business that all investors in the restaurant space should know. For instance, the company is on fire among teen consumers because of its large portion sizes and relatively affordable prices. Furthermore, the company's recent price increases in some markets have touched 9%, higher than the 5% or so the stock market expected. TheStreet's Retail Contributor Brian Sozzi shares his analysis following the company's second quarter earnings call.

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