Is Chipotle Mexican Grill, Inc. (CMG) a Buy After Earnings?

Chipotle is also beginning to pursue two new growth opportunities. First, Chipotle is entering international markets. At present, there are only 12 Chipotle locations outside of the U.S.: five in Canada, six in London, and one in Paris. Chipotle has been successful in Canada thus far, and will probably expand its Canadian presence rapidly in the next few years. In London and Paris, Chipotle is still working to build brand awareness, but Europe is a big long-term opportunity for Chipotle.

Second, Chipotle is expanding by inventing a new concept: ShopHouse Asian Kitchen. The company opened a test restaurant in Washington, D.C., last year, and is opening two more restaurants in the next few months. ShopHouse provides a Chipotle-like take on Asian cooking, and could generate tremendous growth if successful.

The article Is Chipotle a Buy After Earnings? originally appeared on Fool.com and is written by Adam Levine-Weinberg.

Fool contributor Adam Levine-Weinberg has no position in any stocks mentioned. The Motley Fool recommends Chipotle Mexican Grill. The Motley Fool owns shares of Chipotle Mexican Grill.

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