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Chipotle Mexican Grill

Financing

The difficult operating environment hits once-untouchable Chipotle

 By Jonathan Maze on Jul. 24, 2025

The Bottom Line: The fast-casual burrito chain, which thrived during the Great Recession and shrugged off the pandemic, is suddenly on the defensive.

Financing

Sales downturn was not self-inflicted, said Chipotle after rough 2Q

 By Lisa Jennings on Jul. 23, 2025

May was bad, but sales and traffic bounced back in June and July. Still, CEO Scott Boatwright said more work needs to be done to convey Chipotle's value proposition.

Financing

Does Chipotle have a structural problem? Probably not

By Jonathan Maze on Jun. 24, 2025

The Bottom Line: The fast-casual Mexican chain remains a shockingly good value and its first-quarter sales slowdown was not out of the ordinary.

Food

Chipotle bets on the traffic-boosting power of ranch

By Lisa Jennings on Jun. 10, 2025

A new Adobo Ranch dipping sauce is scheduled to roll out next week, the first new sauce in five years for the fast-casual chain. But, like guac, it's extra.

Leadership

Chipotle snags former Taco Bell exec as COO

By Lisa Jennings on May 06, 2025

Jason Kidd joins the fast-casual chain's leadership team amid other changes in the C-suite. President Jack Hartung is retiring (again), while Curt Garner and Chris Brandt expand their responsibilities.

Operations

Chipotle on sales downturn: It's not us. It's them

By Lisa Jennings on Apr. 24, 2025

The slowdown in consumer spending is to blame for negative same-store sales in the first quarter for the fast-casual chain. But outside data indicates Chipotle may have a value perception problem too.

Operations

Chipotle same-store sales turn negative for first time since 2020

By Lisa Jennings on Apr. 23, 2025

It was a tough first quarter for the fast-casual chain, which was blamed on slower consumer spending. CEO Scott Boatwright said Chipotle is doing everything right and sales will trend positive in the second half of the year.

Operations

Chipotle plans first restaurant in Mexico

By Heather Lalley on Apr. 21, 2025

The fast-casual burrito chain said it expects the restaurant to open early next year and that it is eyeing further expansion in the region.

Food

Chipotle rolls out sweet-hot Chipotle Honey Chicken

By Lisa Jennings on Mar. 06, 2025

The fast-casual chain said the new limited-time offer was a top performer in test markets last year.

Financing

If tariffs happen, Chipotle says it is ready

By Lisa Jennings on Feb. 04, 2025

About half of the fast-casual chain's avocados come from Mexico and sourcing has shifted to other countries. Food costs would likely increase less than 1% if tariffs are put in place.

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