Are Customers Buying What Chipotle's ShopHouse Is Selling?
Nov 25th 2012 4:00PM
Updated Nov 25th 2012 4:04PM
Chipotle's (NYS: CMG) stock price has been under pressure lately. Hedge fund manager David Einhorn contends not only that Yum! Brands' (NYS: YUM) new Taco Bell menu poses a threat, but also that the burrito king is overvalued. Indeed, the company has underperformed the likes of Wendy's (NAS: WEN) , McDonald's (NYS: MCD) , and Whole Foods (NAS: WFM) while carrying a higher valuation.
Chipotle's growth prospects may be brightening, however. The company's sole ShopHouse location has done well enough that management is opening two more of the Asian restaurants. Rex Moore visited the Washington, D.C., location and talked with the man responsible for the ShopHouse idea. In this installment of our multipart series, we examine how customers are reacting to the food, and whether they're moving through the line fast enough. (See all parts of the series linked below the video.)
There are two restaurant operators mentioned in our special free report "3 American Companies Set to Dominate the World." It details how profiting from our increasingly global economy can be as easy as investing in your own backyard. Click here to get your free copy before it's gone.
The article Are Customers Buying What Chipotle's ShopHouse Is Selling? originally appeared on Fool.com.Rex Moore has no positions in the stocks mentioned above. The Motley Fool owns shares of Chipotle Mexican Grill, McDonald's, and Whole Foods Market. Motley Fool newsletter services recommend Chipotle Mexican Grill, McDonald's, and Whole Foods Market. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.