What to Expect from Chipotle’s Revenue in 2018
Analysts expect Chipotle Mexican Grill (CMG) to post revenue of $4.85 billion in 2018, which represents growth of 8.2% from $4.48 billion in 2017. The revenue growth is expected to be driven by the addition of new stores and positive SSSG (same-store sales growth). In 2018, Chipotle’s management expects to open 130 to 150 new restaurants and post a low-single-digit SSSG.