Chipotle (CMG) Vs Taco Bell (YUM): Mexican Fast Food Earnings

"Chipotle (CMG) latest earnings report was not as bad as the market priced in. The restaurant saw transactions fall 4% from a year ago. However, it is encouraging to see mid-single-digit growth in year-to-date transactions," says Sean Dunlop. "Chipotle (CMG) suffered only its second earnings miss in the past five years and still had solid growth in 2022. In the current economic environment, fast food stocks may be among the most attractive," adds Dan Ahrens. Ahrens also weighs in on Yum Brands (YUM) having a fantastic quarter that was lead by Taco Bell. "Yum Brands has greater diversification with various brands and more worldwide growth," he states.