Chipotle’s big numbers, the future of beef, and Valentine’s Day promotions

Extra Serving: A restaurant industry podcast · Feb 9, 2024 · 1h 18m

This week, the earnings conversation will focus on Chipotle, which saw massive gains during the fourth quarter. The fast-casual chain bucked all trends with a same-store sales increase of 8.4% with a 7.4% increase in transactions compared to a 1.6% decline industrywide. The editors talked about how Chipotle has managed to exceed both analyst and industry expectations and what this means for the future of Chipotle as it looks to have 7,000 restaurants shortly.

Then, the editors talked about the future of burgers. Several chains have revamped their burger offerings within the past few months…