Chipotle Plans First Saudi Arabia Restaurant With Alshaya Partnership
Chipotle Mexican Grill is set to open its first Saudi Arabia restaurant later this month with Alshaya Group, drawing investor attention. The company’s shares have gained over the past month and 90 days, though 1-year total shareholder return has declined. Analysts highlight a valuation gap, with a cited fair value below the current share price and growth potential tied to store openings, digital sales mix, and margins.