Chipotle Mexican Grill Inc
Company Profile
Business description
Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $9.9 billion in 2023. The Mexican concept is almost exclusively company-owned, with just two license stores opearted through a master franchise relationship with Alshaya Group in the Middle East. It had a footprint of nearly 3,440 stores at the end of 2023, heavily indexed to the United States, although it maintains a small presence in Canada, the UK, France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.
Contact
610 Newport Center Drive
Suite 1100
Newport BeachCA92660
USAT: +1 949 524-4000
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Restaurants
Fiscal Year End
31 December 2024
Employees
116,068
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