Retail

Chipotle staged a comeback. Here’s how it will keep the growth going

0


Brian Niccol, CEO of Chipotle Mexican Grill

Adam Jeffery | CNBC

Chipotle Mexican Grill‘s stock is one of the top performers on the S&P 500 so far this year as investors continue to applaud the chain’s comeback under CEO Brian Niccol.

The stock, which has a market value of $20.9 billion, is up 74% this year, as of Monday’s close. Shares are trading down less than 1% on Tuesday.

Before coming to Chipotle, Niccol was chief executive of Yum Brands’ Taco Bell. He took the helm of Chipotle after its founder, Steve Ells, stepped down as CEO as the chain struggled to move on from food safety issues that sickened hundreds of its customers.

Analysts now believe that Chipotle’s foodborne illness woes…



Source cnbc.com

Ray Dalio says the US will have no other option but to raise taxes

Previous article

Vietnam is pushing ahead of Southeast Asia in drive for renewable energy

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Retail