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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]
Chipotle is raising its U.S. prices to offset inflation and to compensate for a promise to increase portion sizes. Chipotle’s chief corporate affairs officer, Laurie Schalow, confirmed Friday ...
Chipotle said in its third quarter earnings call in October that food, beverage and packaging costs in the third quarter of 2024 were 30.6% of total revenue, an increase from 29.7% in the third ...
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.
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 ...
“For the first time in over a year,” said Laurie Schalow, Chipotle's chief corporate affairs officer, “We have taken a modest price increase of approximately 2% nationally to offset inflation."
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.