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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]
Ells opened a Chipotle themed taco store in Denver, Colorado near the University of Denver campus using $85,000 borrowed from his family and friends. [ 1 ] [ 9 ] [ 10 ] Ells served as CEO of the chain from 1993 until 2009, when he split co-CEO duties with Monty Moran. [ 11 ]
Chipotle (NYSE: CMG) is one step closer to the finish line of its historic stock split. At its annual meeting of shareholders held on June 6, 2024, shareholders approved the measure, paving the ...
In a rare move on Wall Street, Chipotle Mexican Grill's board has approved a 50-for-1 stock split. “This is the first stock split in Chipotle’s 30-year history, and we believe this will make ...
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.
The company will put the stock split decision up for a shareholder vote on June 6. If it is approved, Chipotle’s cheaper, post-split shares will begin trading at the market open on June 26.
Chris Doody, owner of the company, is a co-founder of the Bravo Brio Restaurant Group chain. [2] He sold his stake to investors in 2006 and launched the Piada concept around the Italian "wrap-like sandwich" known as a Piada or Piadina , a street food he sampled in northern Italy .
Despite the social media complaints, Chipotle’s sales grew 7% last quarter, and the company’s sales are outpacing rivals such as McDonald’s. For more CNN news and newsletters create an ...
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