Chipotle Mexican Grill logo

Analyst: Chipotle’s traffic likely to improve in February

But free-food giveaway likely weakened average check, ITG analyst Joe Fersedi says

Chipotle Mexican Grill Inc. likely generated stronger traffic in the first week after its Feb. 8 “relaunch,” according to a report today from ITG investment research analyst Joe Fersedi.

But that higher traffic might have come at the expense of average check.

“So what did the first week-plus post the February 8 relaunch look like?” Fersedi wrote. “The short answer is: Similar to or a few percentage point

Register to view the full article

Register to view this article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.