If you follow Chipotle (NYSE: CMG ) , you've probably heard about its ShopHouse concept, an Asian restaurant built on the Chipotle model. After 14 months, the company is ready to open up two more of these stores. Rex Moore visited the Washington, D.C., location and talked with the man responsible for the ShopHouse idea.
In this installment of our multipart series, Rex asks about expansion beyond these initial three locations. (See all parts of the series linked below the video.)
Chipotle's stock price has been under pressure lately. Hedge fund manager David Einhorn not only contends that Yum! Brands' new Taco Bell menu poses a threat, but also that the burrito king is overvalued. Indeed, competitors as diverse as Wendy's (Nasdaq: WEN ) , Buffalo Wild Wings (Nasdaq: BWLD ) , Panera (Nasdaq: PNRA ) , and Chuy's (Nasdaq: CHUY ) have easily outperformed Chipotle over the past few months and carry lower valuations. Fool analyst Jason Moser's new premium research report analyzes the burrito maker's situation and answers the question investors are asking: Can Chipotle still grow? If you own or are considering owning shares, you'll want to click here now and get started!
Part 1: Chipotle's Next Huge Opportunity