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Chipotle Mexican Grill (CMG)

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Last Post: 6/18/2018 1:22:36 PM - Followers: 57 - Board type: Free - Posts Today: 0



Chipotle Mexican Grill Inc
Suit 500, 1401 Wynkoop Street
Denver CO 80202
Phone: (303) 595-4000
Fax: (303) 674-5266

Outstanding Shares:  30.94m
Chipotle IR - Investor Relations



In 2013, Chipotle made headlines for becoming the first national restaurant chain to voluntarily disclose the presence of GMOs in our food. In 2015, we succeeded in our quest to switch to serving food made only with non-GMO ingredients. 

Learn more about why we're saying "Farewell" to GMOs.

Company Office/Directors

Chairman of the Board, Co-Chief Executive Officer:  Steve Ells
Mr. Steve Ells is Chairman of the Board, Co-Chief Executive Officer of Chipotle Mexican Grill, Inc. Mr. Ells founded Chipotle in 1993. Prior to launching Chipotle, Mr. Ells worked for two years at Stars restaurant in San Francisco. Mr. Ells’s vision—that food served fast doesn’t have to be low quality and that delicious food doesn’t have to be expensive—is the foundation on which Chipotle is based. This visionary thinking has led to Chipotle accomplishing great things, such as growing from a single restaurant to over 1,400 in just 20 years, and serving more naturally-raised meat than any other restaurant company. Mr. Ells graduated from the University of Colorado with a Bachelor of Arts degree in art history, and is also a 1990 Culinary Institute of America graduate.

Co-Chief Executive Officer, Director:  Montgomery F. Moran
Mr. Montgomery F. Moran is Co-Chief Executive Officer, Director of Chipotle Mexican Grill, Inc. Mr. Moran previously served as chief executive officer of the Denver law firm Messner & Reeves, LLC, where he was employed since 1996, and as general counsel of Chipotle. His experience as general counsel from the time the company had only a few restaurants through growth to several hundred restaurants at the time he joined the company, has given him knowledge and understanding of every aspect of the business. His legal experience ran from trial and employment matters to real estate and other transactional matters, as well as general corporate counseling. As a result he has an skill set in such areas as risk management and crisis handling, and also is thoroughly familiar with management personnel throughout the organization. Mr. Moran holds a Bachelor of Arts degree in communications from the University of Colorado and a J.D., cum laude, from Pepperdine University School of Law.

Chief Financial Officer:  Hartung, John
Mr. John R. Hartung is Chief Financial Officer of Chipotle Mexican Grill, Inc., since 2002. In addition to having responsibility for all of financial and reporting functions, Mr. Hartung also oversees IT; safety, security and risk; and compensation and benefits. Mr. Hartung joined Chipotle after spending 18 years at McDonald’s where he held a variety of management positions, most recently as Vice President and Chief Financial Officer of its Partner Brands Group. Mr. Hartung has a Bachelor of Science degree in accounting and economics as well as an MBA from Illinois State University.

Company's Description

Chipotle Mexican Grill, Inc. develops and operates fast casual, fresh Mexican food restaurants in 21 states throughout the United States and in the District of Columbia. Chipotle became a subsidiary of McDonald's in September 1999-2006 when McDonald's acquired a controlling stake in the Company at the same time that the Company's predecessor, World Foods, Inc., a Colorado corporation formed in 1996, merged with Chipotle. Chipotle, a corporation formed under the laws of the State of Delaware on January 30, 1998, was the surviving entity in the merger.

The Chipotle's philosophy is simple: demonstrate that food served fast doesn't have to be a fast-food experience. Chipotle tries to avoid using a formulaic approach when creating its experience and looked to fine-dining restaurants for inspiration. The Company uses high-quality raw ingredients, classic cooking methods and a distinctive interior design, and has friendly people to take care of each customer-features that are more frequently found in the world of fine dining. Chipotle competes in a category of dining now called fast-casual, the fastest growing segment of the restaurant industry, where customers expect food quality that's more in line with full-service restaurants, coupled with the speed and convenience of fast food.

Chipotle uses an integrated information system to manage the flow of information within each restaurant and between the restaurants and the corporate office. This system includes a point-of-sales local area network that helps facilitate the operations of the restaurant by recording sales transactions and printing orders in the appropriate locations within the restaurant. Additionally, the point-of-sales system is used to authorize, batch and transmit credit card transactions, to record employee time clock information, and to produce a variety of management reports. Select information that is captured from this system is transmitted to the corporate office on a daily basis, which enables management to continually monitor operating results.

As of Mar 2014, the company operated 2,000 restaurants, with, ~37,310+ employees, including Chipotle restaurants through the United States, as well as five in Canada, five in London, England, and one in Paris, France, and also one ShopHouse Southease Asian Kitchen, a restaurant in Washington D.C.  The Company had 258 free-standing units, 861 end-cap locations, 233 in-line locations and 58 others.  The average restaurant size is about 2,535 square ft and seats about 56 people.  Most includes patio.  Chipotle is on target to be reaching 2,500 restaurants by 2015.







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CMG News: Chipotle Mexican Grill Will Announce Second Quarter Results On July 26 06/13/2018 03:03:00 PM
CMG News: Quantifind Adds Chipotle Mexican Grill to Growing Roster of Restaurant Clients 06/13/2018 12:05:00 PM
CMG News: Chipotle Mexican Grill To Announce Second Quarter Results On July 24 06/11/2018 02:58:00 PM
CMG News: Fortnite Fuel: Chipotle Announces Sponsorship Of TSM's Competitive Fortnite Team 05/31/2018 03:00:00 PM
CMG News: Code Burrito: Chipotle Honors Nurses with BOGO 05/30/2018 08:38:00 AM
PlusOneCoin Top Posts
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#1174   I agree with you about the valuation, but mdb1 06/18/18 01:22:36 PM
#1173   I disagree with valuation, this stock DOES NOT Nebuchadnezzar 06/18/18 12:01:19 PM
#1172   CMG PE of 68, forward PE of 39. Nebuchadnezzar 06/14/18 11:06:13 AM
#1171   Neb, i think when they announce the first mdb1 05/02/18 06:03:42 PM
#1170   Wonder how tasty it's going to be when Nebuchadnezzar 05/01/18 03:22:40 PM
#1169   Figure CMG will settle in $411s to $425s mdb1 04/30/18 01:13:31 PM
#1168   i was wrong. I still think the market Nebuchadnezzar 04/27/18 08:01:20 PM
#1167   CMG is behaving like the CMG of old mdb1 04/27/18 11:14:08 AM
#1166   Chipotle Earnings & Stock Outlook: CMG Looks Tasty Again Pro-Life 04/26/18 03:34:39 PM
#1165   I highly doubt it will break $400 - Pro-Life 04/26/18 03:32:43 PM
#1164   Appears CMG could hit $500s this year (2018). mdb1 04/26/18 10:57:10 AM
#1163   sure with these algos anything is possible. I Nebuchadnezzar 04/26/18 10:54:48 AM
#1162   CMG ok to 590 Triple nickle 04/26/18 10:11:14 AM
#1161   Could a short squeeze happen in the short mdb1 04/26/18 07:26:32 AM
#1160   not that impressive given their comps from last Nebuchadnezzar 04/25/18 06:54:04 PM
#1159   Maybe if they mention "breakfast", it could jump mdb1 04/25/18 05:14:31 PM
#1158   CMG DJ Chipotle Shares Surge More Than 10% As The Rainmaker 04/25/18 04:46:35 PM
#1157   you mean CMG is still 50% down from Nebuchadnezzar 04/17/18 11:49:08 AM
#1156   Back to $340s and BEYOND!! mdb1 04/17/18 11:17:39 AM
#1155   well the stock is going to be subject Nebuchadnezzar 04/16/18 05:12:05 PM
#1154   lol I hate the stock, still like the Tardis24 04/16/18 04:46:39 PM
#1153   why waste your money with rising employee costs Nebuchadnezzar 04/16/18 02:16:34 PM
#1152   lol made 36x money on intv lol Tardis24 04/15/18 01:16:03 AM
#1151   soooooo how is that $750 target price working Nebuchadnezzar 04/13/18 09:09:35 PM
#1150   hope you are tracking price of oil, it Nebuchadnezzar 04/11/18 12:41:37 PM
#1149   just sold out this week. BE VERY AWARE Nebuchadnezzar 03/21/18 06:32:50 PM
#1148   finally almost $340s!!! about time CMG. mdb1 03/21/18 11:18:06 AM
#1147   Very good read on chipotle DOG3333 03/16/18 07:36:23 AM
#1146   Surprised it only went up to $330s. mdb1 03/12/18 08:09:47 AM
#1145   I think CMG could spike to $350s if mdb1 02/20/18 10:43:22 AM
#1144   $303s and BEYOND! mdb1 02/16/18 12:25:10 PM
#1143   $300s coming soon!!! mdb1 02/16/18 10:54:28 AM
#1142   I saw $290s .. $340s and BEYOND here mdb1 02/14/18 04:11:33 PM
#1141   It's $36 UP good news. Taco Bell mdb1 02/14/18 11:32:29 AM
#1140   The new head honcho is good news imo, JTrader 02/14/18 10:08:31 AM
#1139   Taco Bell is an upgrade. The employees jerrybrockman 02/14/18 08:59:34 AM
#1138   Now we are talking: $280s and BEYOND (quarter mdb1 02/13/18 05:30:04 PM
#1137   markets up 400 and CMG still in red. Nebuchadnezzar 02/12/18 01:02:20 PM
#1136   Sure yeah who wouldn’t value a burrito company jerrybrockman 02/09/18 10:50:26 AM
#1135   down more again today in a fake up Nebuchadnezzar 02/09/18 10:24:42 AM
#1134   The thing I really love about this company jerrybrockman 02/08/18 08:51:36 PM
#1133   they are losing sales in a so called Nebuchadnezzar 02/08/18 06:00:32 PM
#1132   hey its getting closer to $340 by the second. Nebuchadnezzar 02/08/18 11:21:46 AM
#1131   I believe CMG has FINALLY turned the corner. mdb1 02/08/18 04:13:11 AM
#1130   oh wow $340 big deal but this chart Nebuchadnezzar 02/07/18 05:33:22 PM
#1129   It will go back to $340s AGAIN though. mdb1 02/07/18 04:54:34 PM
#1128   mmmmmmmmmkay. don't worry, ill buy it now around Nebuchadnezzar 02/07/18 02:35:54 PM
#1127   BAWHAHAHAHHWHAHHAAHAAAAA THIS IS HILARIOUS!!!!!!!!! Nebuchadnezzar 02/07/18 02:20:47 PM
#1126   I think CMG has turned the corner. mdb1 02/07/18 10:48:47 AM
#1125   Initially after earnings: $325 pop; then went down mdb1 02/06/18 05:30:48 PM