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Stock impact report

Better Buy: Chipotle vs. Shake Shack [The Motley Fool]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: The Motley Fool
Coronavirus-related restrictions have effectively shut down sit-down establishments. This has leftrestaurant stocksHowever, restaurants can still sell food for off-premise consumption. Moreover, some fast-food and casual dining establishments have long made take-out a staple of their business. Hence, take-out will leave some restaurants in a stronger position while the world works to flatten the curve on coronavirus.Two examples of such restaurants areChipotle(NYSE:CMGShake ShackNYSE:SHAKImage source: Getty Images.Where Chipotle standsChipotle shot higher in the early part of the decade as consumers wanted a healthy fast-food alternative. However, even amid a highly publicizedE. coli scandalYes, it has fallen by about % from its February high. To be sure, comparable sales growth and plans for 0 to 6 new restaurant openings may have to wait as the company works its way through the slowdown.YChartsChipotle has notably extended free delivery for orders of $0 or more through April. While Show less Read more
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