Financial PositionCMG's enviable balance sheet ($750M cash, no debt, $1.5B of FCF just last year) gives it optionality with regards to existing store investment, tech spend, new development, or return of capital.
Operational EfficiencyCMG will likely be a leader in deploying automation at substantial scale, in a way that restrains costs, drives margins and throughput, and allows the company to be judicious with pricing, where it already has an edge.
Product OfferingThe Chipotle Honey Chicken limited time offering is expected to be accretive to gross margins and has shown the highest incidence rate of any item tested in the management's long restaurant career.