3 Reasons Why Chipotle's Stock Could Hit $1,650

Thursday, 14 January 2021, 18:36:10
Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG ) more than tripled from 2020 lows, but the three catalysts ahead make the case for further appreciation in the stock, according to RBC. The Chipotle Analyst: Christopher Carril upgraded Chipotle's stock from Sector Perform to Outperform with a price target lifted from $1,320 to $1,650. The Chipotle Thesis: The case for upside in the stock are: Comp And Unit Growth: Chipotle could exceed the Street's estimates for 11% comp growth in 2021 due to new menu innovation, market share gains as the restaurant offers … Full story available on Benzinga.com
— Benzinga

The largest franchise operator in the US, Greg Flynn, shares his playbook for success and reveals why his latest $550 million bet on Pizza Hut and Wendy's is key to growing his empire

Tuesday, 12 January 2021, 18:48:10
Summary List Placement Back in 2011, Applebee's franchisee Greg Flynn set a goal to diversify his restaurant company's portfolio, a strategic move made after casual dining was hit hard by two recessions. The CEO and founder of Flynn Restaurant Group, who is also the largest Applebee's franchisee with 444 locations, has since amassed a multi-unit company of 1,223 restaurants that includes some of the industry's most popular fast food and fast-casual brands: Taco Bell (280), Arby's (367) and Panera Bread (132). By many accounts, including Flynn's own, he is the largest franchise operator in the US. And his empire is about to get bigger. Last week Flynn cut a deal to nearly double the size of his San Francisco-based company to nearly 2,400 restaurants by adding two fast-food categories that have eluded him: pizza and burgers. “They're the two largest segments in the industry, and we weren't in either of them,” Flynn told Insider during a recent interview. Flynn bought more than 1,100 Pizza Hut and Wendy's restaurants from bankrupt operator NPC International.
— Business Insider

Chipotle introduces cauliflower rice nationwide for a limited time

Tuesday, 5 January 2021, 00:52:07
Chipotle Mexican Grill is finally launching its cauliflower rice in the U.S. and Canada.
— Fox News

Chipotle launches Cilantro-Lime Cauliflower Rice, four new lifestyle bowls in time for New Year's resolutions

Monday, 4 January 2021, 14:03:05
Chipotle Mexican Grill announced the nationwide launch of Cilantro-Lime Cauliflower Rice Monday and four new lifestyle bowls in time for 2021 goals.
— USA Today

Chipotle launches cauliflower rice nationwide as consumers cut grains from their diets

Monday, 4 January 2021, 14:02:01
Chipotle Mexican Grill is launching a cauliflower rice option to attract consumers trying to comply with their New Year's resolutions.
— CNBC