SBUX - Better Stock Right Now: Chipotle Mexican Grill vs. Starbucks
2024-06-16 06:08:00 ET
Chipotle Mexican Grill (NYSE: CMG) and Starbucks (NASDAQ: SBUX) are two of the most successful restaurant chains ever. Their stocks have both delivered incredible value for shareholders over many years, but the companies are in very different places today.
Ever since CEO Brian Niccol took the reins in 2018, Chipotle has been on a nonstop ride higher. That's higher sales, profits, and stock prices. It has weathered the same economic conditions that have hurt many other restaurants, and has demonstrated resilience time and time again.
The fast-casual restaurant chain has a hard-to-replicate model that targets more affluent clientele with moderately priced fare. Customers love its fresh and healthy food, and it innovates consistently with new menu items to stay relevant.
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Better Stock Right Now: Chipotle Mexican Grill vs. Starbucks