Chipotle Mexican Grill, Inc.

Last price update: 18 Jul 24 23:00 GMT

Price:
$53.38
Open:
$53.48
Previous close:
$55.29
Day's range:
$52.63 - $54.55
Year's range:
$35.37 - $69.26
Net Income per Share:
0.93
Price-to-Earnings ratio:
57.40
52-week Price Range:
$62.59
Volume:
$28,953,873.00
Average volume:
$16,371,400.00

Company profile for Chipotle Mexican Grill, Inc.

Chipotle Mexican Grill, Inc. logo

Chipotle Mexican Grill, Inc. is an American chain of fast casual restaurants specializing in tacos and burritos. Founded in 1993 by Steve Ells, Chipotle had 3,000 restaurants in the United States, Canada, the United Kingdom, France, Germany, and the rest of Europe as of February 15, 2022. It is headquartered in Newport Beach, California.

Chipotle is known for its use of fresh ingredients, including organic and locally sourced produce, and its commitment to sustainable agriculture. The chain also has a strong focus on animal welfare, promoting humane animal treatment and sourcing its ingredients from suppliers that meet its standards.

Chipotle is also committed to giving back to the communities in which it operates. The company has donated millions of dollars to local charities and schools, and has funded numerous initiatives to support small businesses, education, and the environment. In 2020, Chipotle launched its “Cultivate the Future” initiative, which provides grants and resources to small farmers, ranchers, and food entrepreneurs.

Since its founding, Chipotle has experienced significant growth, with sales increasing from $1.2 billion in 2011 to $5.9 billion in 2020. The company has also seen strong growth in its international operations, with sales in Europe increasing from $16 million in 2012 to $365 million in 2020. Additionally, Chipotle has opened numerous new restaurants, with the number of locations increasing from 1,400 in 2011 to 3,000 in 2022.

Chipotle has also made a number of strategic acquisitions, including Pizzeria Locale, Tasty Made, and Appetit. These acquisitions have enabled the company to expand its menu and offer a wider variety of food options to its customers. The company also launched its own delivery service, Chipotle Delivery, in 2020.

Chipotle has been recognized for its commitment to sustainability, with the company receiving numerous awards, including the Environmental Protection Agency’s Climate Leadership Award and the Sustainable Restaurant Association’s Sustainable Restaurant Award. The company has also been named one of the World’s Most Ethical Companies by the Ethisphere Institute.

Stock exchanges:
NYSE
Sector:
Consumer Cyclical
Industries:
Restaurants
Ticker:
CMG
CIK:
1058090
ISIN:
US1696561059
Website:
https://www.chipotle.com
Phone:
949 524 4000
Origin:
United States
Employees:
100,000