In 2023, foot traffic to Chipotle grew by 7 percent, netting the company a record $2.52 billion in profits. And unlike McDonald's or Starbucks, Chipotle reported that same-store sales rose by 8.4%, 1.3% more than the StreetAccount estimate…
The burrito chain is planning a 50-for-1 stock-split to make its shares more accessible to workers—and hopefully retain more of them, CFO Jack Hartung says.
Anyone searching for a good deal to grab lunch or dinner on Cinco de Mayo is in luck, because restaurants across the countries are having deals for the occasion.
Chipotle CEO Brian Niccol confirmed in a Bloomberg Business interview that the company asked its workers to refrain from ordering chicken due to supply issues. “Our employees were happy to pitch in. I guess there were maybe some employees…