"You can't build a reputation on what you're going to do." Henry Ford
Tuesday, October 30, 2007
Another great quarter for Chipotle! Earnings of 62 cents a share beat expectations of 53 cents, and are up over 72% from prior year. Chipotle stock rose over 3% in after hours trading. Tomorrow could be a huge day for Chipotle if the Fed lowers interest rates and the market reacts positively. Chipotle also announced that they will be opening a location in Toronto in 2008. You know the Canadians are going to love our burritos.