Welcome to our dedicated page for Chipotle Mexican Grill news (Ticker: CMG), a resource for investors and traders seeking the latest updates and insights on Chipotle Mexican Grill stock.
Chipotle Mexican Grill, Inc. (NYSE: CMG) generates a steady flow of news as a major restaurant operator focused on Mexican-inspired food, digital access and international growth. This page aggregates CMG news coverage, including company press releases and other announcements, so readers can follow developments that affect the brand, its restaurant base and its capital markets activity.
News about Chipotle often highlights restaurant expansion and development, such as the opening of its 4,000th restaurant in Manhattan, Kansas and progress toward a long-term goal of 7,000 locations in the U.S. and Canada. Updates also cover international expansion through company-owned and partner-operated restaurants in regions including Canada, Europe and the Middle East, along with agreements to enter additional markets.
Investors and followers of CMG can expect coverage of menu innovation and promotions, including the launch of the High Protein Menu, snack-oriented items like the High Protein Cup, and promotional campaigns such as free double protein offers, holiday BOGO deals, and seasonal programs like Unwrap Extra. These stories illustrate how Chipotle uses its menu and Chipotle Rewards program to engage guests and respond to consumer preferences.
Another key category of news involves leadership and governance. Recent items include executive transitions in legal, human resources, accounting and marketing roles, as well as the appointment of new board members. Capital allocation and financial communication also feature prominently, with announcements about share repurchase authorizations, quarterly earnings, and scheduled conference calls.
By reviewing the CMG news feed on this page, readers can track how Chipotle communicates its strategy, manages growth, introduces new offerings and responds to operational and market conditions over time.
Chipotle Mexican Grill (NYSE: CMG) has announced a development agreement to enter the Mexican market for the first time, partnering with Alsea, a major restaurant operator in Latin America and Europe. The first location in Mexico is expected to open by early 2026.
This expansion follows Chipotle's recent international growth, including its first international development agreement with Alshaya Group in July 2023 for the Middle East market, where they currently operate 5 restaurants. Chipotle's existing international presence includes 58 locations in Canada, 20 in the United Kingdom, 6 in France, and 2 in Germany.
The company currently operates over 3,700 restaurants and plans to open 315-345 new restaurants this year, with a long-term target of 7,000 locations in the U.S. and Canada.
Chipotle Mexican Grill (NYSE: CMG) has announced the return of its 'Wear Your Hockey Jersey' promotion for the 2025 Stanley Cup® Playoffs, offering a BUY-ONE-GET-ONE (BOGO) deal on April 21, 2025, after 3:00pm local time at participating restaurants in the U.S. and Canada.
The company has also extended its multiyear North American partnership with the National Hockey League (NHL), maintaining its position as the official Mexican-themed quick service and fast-casual restaurant of the NHL. Additionally, Chipotle will become an official partner of the National Hockey League Players' Association (NHLPA) for the first time, enabling collaboration with NHL players on future brand campaigns.
The BOGO promotion is to five free menu items per check, requires purchase of an entrée of equal or greater value, and is only valid for in-restaurant orders by jersey-wearing customers.
Chipotle Mexican Grill (NYSE: CMG) is bringing back its popular digital game 'Burrito Vault' for National Burrito Day on April 3, offering up to 157,500 Buy-One-Get-One (BOGO) free entrée codes. Starting March 31, 2025, at 9am ET, Chipotle Rewards members can play the game at UnlockBurritoDay.com.
Players must guess the correct burrito order combination to win, with 2,500 BOGO codes available per hour from March 31 to April 2. New features include:
- First player to unlock the vault each hour wins free burritos for a year
- Consolation prize of 25 rewards points for players who crack the code after BOGO codes are depleted
- Hourly code changes to spread prize distribution
The previous year's game saw over 2 million plays with prizes claimed within 20 minutes. Additionally, Chipotle Rewards members can enjoy a $0 delivery fee offer on National Burrito Day using code 'DELIVER'.
Chipotle Mexican Grill (NYSE: CMG) has scheduled its first quarter 2025 financial results announcement for April 23, 2025. The company will release its Q1 2025 financial results press release at approximately 4:10 PM Eastern time, followed by a conference call at 4:30 PM Eastern time to discuss the results and provide a business update for the second quarter.
Participants can join the conference call through two methods: domestic callers can dial 1-888-317-6003 (code: 9708556), while international callers can use 1-412-317-6061 (code: 9708556). Additionally, a live webcast will be available on Chipotle's investor relations website at ir.chipotle.com, with registration at https://app.webinar.net/W7BwGWLVLPO. An archived version of the webcast will be accessible approximately one hour after the call concludes.
Chipotle Mexican Grill (NYSE: CMG) has launched its new Chipotle Honey Chicken across restaurants in North America and Europe for a time. The menu innovation, which combines chipotle heat with wildflower honey sweetness, was the company's best-selling -time offering during market tests in Nashville and Sacramento in 2024.
Starting March 6, 2025, Chipotle Rewards members get exclusive early access through the app and website, with all guests able to order beginning March 7. The new protein features fresh grilled chicken seasoned with Mexican spices in a marinade of seared, smoked chipotle peppers and pure honey.
The launch aligns with the National Restaurant Association's 'What's Hot 2025 Culinary Forecast,' which identifies hot honey as the top trending flavor of the year. The company is promoting a 'Most Popular Chipotle Honey Chicken Bowl' combination featuring white rice, black beans, fajita veggies, fresh tomato salsa, roasted chili-corn salsa, sour cream, cheese, and lettuce.
Chipotle Mexican Grill (NYSE: CMG) has launched 'Unfolded,' a new animated short film highlighting sustainable agriculture practices, featuring a cover of 'She's a Rainbow' by Halsey. The company made history as the first restaurant brand to premiere a national TV ad in the metaverse via Roblox.
As part of its previously announced $5 million commitment to support young farmers, Chipotle is donating $2 million across four universities: The Ohio State University, Cal State Monterey Bay, Colorado State University, and the University of Florida. These donations, funded through 5% of Tractor Beverages sales profits, will support various sustainable agriculture initiatives including agrivoltaics programs and research projects.
The company is offering free entrée codes to the first 50,000 users who complete a delivery quest and watch the film in Roblox's virtual Carnitas Cinema. Additionally, through March 31, customers can round up their orders on Chipotle's app and website to support the Chipotle Cultivate Foundation.
Chipotle Mexican Grill (CMG) announced a major hiring campaign to recruit 20,000 employees for its upcoming 'Burrito Season' (March to May). The company is showcasing significant internal growth opportunities, with crew members able to advance to Restaurateur positions in about 3.5 years, offering potential compensation packages of $100,000.
The company has implemented an AI-powered virtual assistant 'Ava Cado' that has reduced the hiring process from 12 to 4 days and nearly doubled applicant flow. In 2024, Chipotle promoted 23,000 team members, with 85% of restaurant management promotions filled internally. Five of eleven Regional Vice Presidents started as crew members and now manage billion-dollar regions.
New employee benefits include free access to the Calm mindfulness app, crew bonuses equivalent to an extra month's pay annually, mental health care, ESL courses, tuition reimbursement, and debt-free college degrees. The company reports twice the retention rate among education program participants.
Chipotle Mexican Grill (CMG) reported strong fourth quarter and full year 2024 results. Q4 total revenue increased 13.1% to $2.8 billion, with comparable restaurant sales up 5.4%, driven by 4.0% transaction growth. Operating margin improved to 14.6% from 14.4% year-over-year.
For full year 2024, total revenue grew 14.6% to $11.3 billion, with comparable sales increasing 7.4%. The company opened 304 new company-owned restaurants, including 257 with Chipotlanes, bringing the total restaurant count to 3,726. Digital sales represented 35.1% of total food and beverage revenue.
The company repurchased $995.8 million of stock in 2024 at an average price of $57.21 per share. For 2025, management anticipates low to mid-single digit comparable restaurant sales growth and plans to open 315-345 new company-owned restaurants.
Chipotle Mexican Grill (NYSE: CMG) has announced 'Extra Sunday,' a new promotional event on February 10, 2025, offering free Guac and Queso Blanco to Chipotle Rewards members with any entrée purchase. The promotion responds to the fact that over 40% of employed Americans believe the Monday after the football championship should be a national holiday.
During the championship game on February 9, Chipotle will distribute up to 50,000 free entrée codes via X and Instagram when 'extra' events occur, such as fourth down conversions or successful extra point kicks. The codes will be available on a first-come, first-served basis through text message claims.
This initiative marks Chipotle's first promotion offering both free Guac and Queso Blanco simultaneously, available exclusively through the Chipotle app and website using promo code 'EXTRA25'. The promotion comes as an estimated 16.1 million U.S. employees planned to miss work the day after the championship game in 2024.
Chipotle Mexican Grill (NYSE: CMG) announced minority investments in two aquatic plant-based technology companies through its Cultivate Next fund: Plantible and CH4 Global. Plantible develops Rubi Protein™ from duckweed (Lemna), creating a plant-based protein that mimics animal proteins while using minimal water and reducing carbon emissions. CH4 Global produces Methane Tamer™, an Asparagopsis seaweed-based feed additive aimed at reducing cattle methane emissions by up to 90%.
These investments align with Chipotle's mission to Cultivate a Better World and support its growth plans to reach 7,000 restaurants in North America. The investments will help scale production of sustainable food solutions and reduce environmental impact in the food industry. These companies join Chipotle's existing Cultivate Next portfolio, which includes various sustainable food and technology ventures.
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