Long-term GrowthThe goal of 7,000 restaurants from the current approximately 3,700 in North America is said to be conservative and likely has upside.
Management StrategyThe new team is pursuing the right drivers to sustain traffic momentum, offering a scarcity premium amongst a broadly challenged large cap restaurant & discretionary growth backdrop.
Menu InnovationManagement shared bullish details around the stage-gate pilot of the Chipotle Honey Chicken limited time offering, which is meeting incrementality expectations and is accretive to gross margins.