Analysts chastised the company for its lack of specificity.
Guggenheim's Matthew Di Frisco, for example, wrote in a note to clients that the call "lacked meaningful near-term catalysts or fine tuned financial objectives." The former Taco Bell executive is most known for his success in turning that chain into a social media brand via effective marketing to younger consumers, and it's likely that he'll replicate much of that strategy at Chipotle.
Yet that might not be feasible: at least not in a reasonable amount of time.
Chipotle Mexican Grill Revenue (TTM), data by YCharts. Chipotle Mexican Grill has a history of strong growth, having doubled its revenue every few years before the foodborne-illness crisis hit the chain.
On Wednesday, the Planning Commission will consider approval of the final development plan for just north of several other out-lot businesses such GNC, Buffalo Wild Wings, Great Clips and Aspen Dental at the Towne Mall Galleria.
In August 2014, the owners of Towne Mall applied for and received approval to build seven new out-buildings in the area surrounding the mall which is currently being used for parking.
6, that Chipotle planned to open “a few dozen more” mobile-order pickup lanes, called “Chipotlanes.” The company has already added “Chipotlanes” at 10 of its U. locations, according to Business Insider After placing the order, customers are to pull up to a window at the specified pickup time, allowing them to pick up orders without leaving their car.
MORE: Middletown restaurants: 7 places you must try this year City officials also said that Chipotle was identified as a highly desired restaurant by city residents who participated in the 2017 “What If” Middletown visioning community outreach survey.
But it was also a much smaller, more nimble company that was leading the crest of a fast-casual restaurant wave that has long since matured.
At the time, it was one of a relatively small number of national Tex-Mex chains.