Chipotle Says Customers Didn't Ask for Spiciness Change at ShopHouse
Dec 6th 2012 11:18AM
Updated Dec 6th 2012 11:20AM
Chipotle's stock price has been under pressure lately. Hedge fund manager David Einhorn contends that not only does Yum! Brands' new Taco Bell menu pose a threat, but also that the burrito king is overvalued. Indeed, the company has underperformed the likes of Wendy's , McDonald's , and Whole Foods , 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 multi-part series, Tim Wildin confirms he toned down the food's spiciness, but for reasons you might not expect. (See all parts of the series linked below the video.)
Fool analyst Jason Moser's new premium research report further analyzes the burrito maker's situation and answers the question investors are asking: Can Chipotle still grow? If you own or are considering owning shares, you'll want to click here now and get started!
Part 1: Chipotle's Next Huge Opportunity
The article Chipotle Says Customers Didn't Ask for Spiciness Change at ShopHouse 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 may not 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.
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