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.