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, Tim Wildin says the economy didn't play a role in the company's expansion plans. (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 Taco Bell's new 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.
There are two restaurant operators mentioned in our special free report, "3 American Companies Set to Dominate the World." It details how profiting from our increasingly global economy can be as easy as investing in your own backyard. Click here to get your free copy before it's gone.
Part 1: Chipotle's Next Huge Opportunity