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Writer's pictureSean D. Emory

AVORY INTERNAL MEMO ON CHIPOTLE



Much of what we do here at Avory is about really understanding powerful company operations while dissecting the numbers to form a short and long-term investment thesis. While the core mission of Chipotle is simplistic, there are a bunch of moving components within the business as the new CEO Brian Niccol transforms the business.


With that, I simply wanted provide access to our internal memo on the company.





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Sean D. Emory


Avory & Co. Founder & Chief Investment Officer


Disclaimer: This is not a recommendation for purchase or sale of any securities. Avory is a shareholder of Chipotle at the time of this writing, but this can change at anytime


AVORY & CO. IS A REGISTERED INVESTMENT ADVISER. INFORMATION PRESENTED IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE SEE FULL DISCLAIMER HERE

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