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Delicious results for Chipotle

August 2, 2006

Motley Fool: The company reported another great quarter with improvements on almost every metric. Revenue was up, margins expanded and same-store sales improved. The only problem with this stock is the lofty valuation. The market capitalization is $1.7 billion, and that seems like a lot to pay for a chain of less than 600 burrito joints — at least on the surface. However, the more I look at this company, the better it looks.
 
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