Chipotle Mexican Grill Has Recipe For Growth
Chipotle Mexican Grill (CMG) is still cooking up strong growth for investors, even if it's not what it was a few years back. The 2006 McDonald's (MCD) spin-off has delivered higher earnings and sales each year since turning profitable in 2004. Profit growth has tapered from the triple-digit pace of 2005-06. But it's still at respectable levels, with a three-year growth rate of 25%. There was one blemish in the fourth quarter of 2012, when
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