CMG

Chipotle Mexican Grill, Inc. operates fast-casual Mexican restaurants serving burritos, burrito bowls, tacos, quesadillas, salads, and beverages throughout the United States, Canada, Europe, and the Middle East. The company is known for its "Food With Integrity" philosophy emphasizing responsibly sourced ingredients including naturally raised meats, organic produce when available, and fresh preparation in restaurant kitchens. Chipotle pioneered the fast-casual dining category with customizable menu offerings, assembly-line service format, and higher-quality ingredients at accessible prices. Founded in 1993 by Steve Ells and headquartered in Newport Beach, California, Chipotle has grown into one of the most successful restaurant chains through consistent execution, culinary innovation, and brand strength. The company recovered from food safety incidents in 2015-2016 through operational improvements, marketing, and leadership changes. Chipotle benefits from strong unit economics, digital and delivery capabilities, loyal customers, and significant expansion opportunities domestically and internationally. The company faces competition from emerging fast-casual concepts, labor costs, food cost inflation, and occasional operational challenges. Chipotle continues to deliver strong comparable restaurant sales growth and new unit development.