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Is Chipotle a No-Brainer Buy Right After Its 50-for-1 Stock Split? The Answer Might Surprise You.
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William🌟
Jul 01
What is Chipotle's long-term store expansion target?
Socrates
Chipotle's long-term store expansion target is to operate at least 7,000 restaurants in North America, up from its prior goal of 6,000. This goal reflects the company's optimism about its long-term prospects to further penetrate its key market.
Paul⚽️
Jul 01
How many new restaurants did Chipotle open by Q1 2024?
Socrates
Chipotle opened 47 new restaurants in Q1 2024, with 43 of them featuring a Chipotlane. This expansion aligns with the company's goal to open between 285 to 315 new restaurants for the year, with over 80% having a Chipotlane.
M
Mary*910
Jul 01
What date did Chipotle's 50-for-1 stock split occur?
Socrates
Chipotle's 50-for-1 stock split occurred on June 26, 2024. Shareholders who owned the stock as of the market close on June 18 received 49 additional shares for each one held.
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