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Chipotle Mexican Grill, Inc. (/ tʃ ɪ ˈ p oʊ t l eɪ /, chih-POAT-lay), [3] often known simply as Chipotle, is an American multinational chain of fast casual restaurants specializing in bowls, tacos, and Mission burritos made to order in front of the customer. [4] [5] [6] As of June 30, 2024, Chipotle has 3,500 restaurants. [7]
Headquarters Number of U.S. locations Areas served Notes 7 Brew Coffee: Rogers, Arkansas: 2017 273 Nationwide 7 Leaves Cafe: Westminster, California: 2011 41 Southwestern United States Argo Tea: Chicago, Illinois: 2003 Chicago, Illinois: 41 East and Upper Midwest Biggby Coffee: East Lansing, Michigan: 1995 Lansing, Michigan: 265 Southeast and ...
In 2018, Niccol became the CEO of Chipotle Mexican Grill, replacing founder Steve Ells. [31] [32] Although Niccol had moved west to Newport Beach, California to join Taco Bell, he did not move back east to Denver when he joined Chipotle. Rather, under his leadership, Chipotle moved its headquarters from Denver to Newport Beach. [33]
Chipotle recovered under Niccol’s guidance, thanks to a few key changes: It moved its headquarters from Denver to Newport Beach, Calif., to be closer to Irvine, where Niccol was wrapping up his ...
Tricon selected Louisville, also the site of KFC's headquarters, as its corporate headquarters. [14] Taco Bell and Pizza Hut continued to be headquartered in Irvine, California and Dallas, Texas, respectively. [14] In 2000, Tricon Global tested multi-branded locations with Yorkshire Global Restaurants. By March 2002, the Tricon-Yorkshire ...
Steve Ells (born September 12, 1965) [1] is an American businessman. He is the founder, former chief executive officer, and former executive chairman of Chipotle Mexican Grill.
A chipotle (/ tʃ ɪ ˈ p oʊ t l eɪ /, / tʃ ɪ ˈ p ɒ t l eɪ /, chi-POHT-leh, chi-POT-leh; Spanish: [tʃiˈpotle]), or chilpotle, is a smoke-dried ripe jalapeño chili pepper used for seasoning. It is a chili used primarily in Mexican and Mexican-inspired cuisines , such as Tex-Mex and Southwestern United States dishes.
Chipotle posted a restaurant-level operating margin of 25.5% last quarter, down from 26.3% a year ago. Overall, Chipotle posted a mixed third quarter print after a string of winning quarters.