Latest Chipotle Mexican Grill News & Updates

See the latest news and media coverage for Chipotle. We track all announcements, press releases, and industry mentions in real time, all in one place.

Chipotle Mexican Grill (Chipotle)

Fast casual Mexican-inspired restaurant chain

chipotle.com

Headquarters: Newport Beach, United States
Founded year: 1993
Company type: Public company
Number of employees: 45,000+
Industry: Restaurants & Bars

Last updated Today

Latest news about Chipotle Mexican Grill (Chipotle)

In short: Chipotle expanded into South Korea, Saudi Arabia, and Mexico and raised its sales guidance despite facing recent food safety challenges.

Company announcements

September 2 Chipotle

Chipotle opens first Asian restaurant in Seoul

The joint venture with Sangmidang Holdings marks South Korea as a reference market for future expansion into Asia.

August 13 Chipotle

Chipotle enters Saudi Arabia with first Riyadh restaurant

Opened in partnership with Alshaya Group at Sidra dining destination, advancing international growth across the Middle East region.

August 4 Chipotle

Chipotle cooperates with health authorities investigating a Salmonella outbreak

It activated its traceability system, identified jalapeños from a common lot, removed them from restaurants, and replaced them with product from different growers.

July 29 Chipotle

Chipotle raises full-year comparable sales guidance after strong Q2

Revenue grew 9.3% to $3.3 billion, comparable sales up 2.2%, and the company opened 100 new restaurants.

Media coverage

September 15 Barron's

Restaurant Stocks Slide as Consumer Wories Pile Up

Wingstop and Chipotle shares fell amid rising oil prices, inflation concerns, and slowing dining chain traffic.

September 15 Yahoo Finance

Chipotle Falls 5%: Profit Taking After a Strong Month, or the Salmonella Headline Again?

Chipotle stock just fell 5% on a day when the broader market barely budged and no confirmed company news hit the wire, leaving traders to...

September 10 Yahoo Finance

CMG Margins Under Pressure: Can Pricing Offset Rising Costs?

CMG's Q2 growth has come with margin pressure as inflation and higher costs outweigh pricing gains,...

September 10 Seeking Alpha

Chipotle's Business Is Bottoming Out, But The Fundamentals Are High (Upgrade)

Chipotle Mexican Grill has stabilized comp sales, with Q2 growth of 2.2% after a previous decline. Read why CMG stock is upgraded to a hold.

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