Chipotle Mexican Grill Inc (CMG)

[Threeflight]

Being brutally honest here. I went to CMG 3 different times the past week after not being there in at least a year. I go to a CMG here in S Cal (Valencia) that has always been busy. Great area. People with money.

Went there during a Tuesday and Fri evening, and a Sat at lunchtime.

At no time was the crowd within 50% of what it was before covid. When I went before my wife and I always had a 10 minute wait at least. I realize most orders are pickup, but even with that I sat in the parking lot and watched for 20 minutes, it was a maybe 25% of a normal crowd.

The food? Not as good as I remembered it. I got the barbacoa burrito the first time with avocado, and the bowl the next 2 times, first with chicken and then with steak. The flavors were very bland. Not all that fresh. I only finished one of the meals. I was kind of upset with myself that I spent $10 per meal.

Putting it simply, I have no idea how this stock is where it is $ wise.