Chipotle talks pizza during earnings call

Execs with Chipotle (CMG) laid out some enticing details on its new pizza initiative during its earnings call.

The company has has detailed conversations with management at Pizzeria Locale since making its initial investment last month. Plans are in place to launch more outlets around Denver as it refines the fast casual pizza formula.

Pizzeria Locale will use the same playbook as Chipotle by focusing on speed of delivery and customized orders.

Chipotle can become a majority owner in the fast casual chain in time as the concept expands.

Earnings call transcript

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