Burritos gaining on Big Macs.

PositionDRAWING CONCLUSIONS - Brief article

McDonald's early stake in Chipotle Mexican Grill is credited with helping the Denver-based burrito chain quickly expand its footprint, but the two companies parted ways when Chipotle went public in 2006. Second-quarter results reported in July by the two chains could hardly have been more different. While Chipotle's same-store sales rose 17.3 percent and profits jumped 26 percent despite a hike in prices...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT