Reported about 2 months ago
Dryden Pence, CIO of Pence Capital Management, expresses confidence in Chipotle's growth potential even after CEO Brian Niccol's departure. He highlights the company's strong sensitivity to customer needs and cultural values, which he believes will endure. Pence also notes a shift in consumer behavior, emphasizing that customers are now more focused on value rather than just willing to spend at any price, differentiating Chipotle's offerings from those of traditional fast food chains like McDonald's.
Source: YAHOO