Shares in Chipotle Mexican Grill (CMG) have been a long-term market beater, but there's a twist. The fast-casual food chain is a great example of what happens when a company's days of hyperfast growth have long passed.
Like McDonald's (MCD), CMG claims humble origins, starting with a single location. The first Chipotle opened in Denver in 1993 and it quickly became a hit. Founder Steve Ellis's focus on high-quality and fresh ingredients served in a fast-food format was revolutionary at the time.
