Chipotle Mexican Grill Inc (CMG)

[Investors3]

Chipotle Launches Chipotle IQ To Put Fans' Brand Knowledge To The Test
August 26 2020 - 08:05AM
PR Newswire (US)

https://ih.advfn.com/stock-market/NYSE/chipotle-mexican-grill-CMG/stock-news/83140401/chipotle-launches-chipotle-iq-to-put-fans-brand-kn

NEWPORT BEACH, Calif., Aug. 26, 2020 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced it is launching Chipotle IQ, a trivia game that will test fans' knowledge of Chipotle's sourcing, ingredients, recipes, and sustainability efforts. The first 250,000 test takers who answer all 10 randomly selected Chipotle IQ questions correctly will receive a digital BUY-ONE-GET-ONE (BOGO) offer.

Fans who are up for the challenge can visit www.chipotleiq.com.

"Chipotle IQ allows our customers to discover Chipotle in a whole new way and rewards our most devoted brand experts," said Chris Brandt, Chief Marketing Officer. "We're introducing a test our fans will actually be excited to take."

Official Chipotle IQ Study Guide

1.Keep track of time
a. These BOGOs will go fast.
2.Think beyond the bowl
a. Chipotle IQ questions include everything Chipotle – inside and
outside the restaurant.
3.The test features multiple choice, true or false questions, and
write-in answers
a. You.
b. Got.
c. This.
4.Failure is actually an option
a. You will have an unlimited amount of tries to pass Chipotle IQ.
5.The reward is real (and delicious)
a. Score a perfect 100% on Chipotle IQ and you will have a chance
to win a digital BOGO code sent via text.

Chipotle Free Delivery Monday
Chipotle is offering free delivery on all orders $10 or more via the Chipotle app and Chipotle.com every Monday through September 28, 2020.

No purchase necessary to play or win. Open to legal residents of the 50 U.S. & D.C. who are 13 years of age or older (minors must have parental consent). Contest Period begins 08/26/20 at 12:01 a.m. PT and ends the earlier of (i) 09/01/20 at 11:59 p.m.; or (ii) when all prizes have been awarded. To enter, visit https://www.chipotleiq.com and play the Chipotle IQ Trivia Game. Up to 250,000 prizes available. Limit one (1) prize per eligible entrant. See Official Rules at http://www.chipotleiq.com/rules for how to enter, additional eligibility restrictions, prize descriptions/restrictions/ARV's, and complete details. VOID WHERE PROHIBITED. Sponsor: CMG Strategy Co., LLC, 610 Newport Center Drive, Suite 1400, Newport Beach, California, 92660.

Free delivery offer valid only for orders placed and fulfilled on Mondays from 8/24/20-9/28/20 only, within Chipotle's delivery areas within the U.S. from participating U.S. Chipotle locations, during normal operating hours for such locations. Minimum order $10/maximum order $200, each excluding tax. Deliveries subject to availability. Not valid on catering or Burritos by the Box orders. Redemptions of Chipotle Rewards and other promotional offers may be included in a qualifying delivery or digital order but do not count towards satisfaction of minimum purchase requirements. Chipotle reserves the right to modify or terminate the offer at any time without notice. Additional restrictions may apply; void where prohibited.

ABOUT CHIPOTLE
Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. Chipotle had over 2,650 restaurants as of June 30, 2020, in the United States, Canada, the United Kingdom, France and Germany and is the only restaurant company of its size that owns and operates all its restaurants. With more than 91,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices. Steve Ells, founder and former executive chairman, first opened Chipotle with a single restaurant in Denver, Colorado in 1993. For more information or to place an order online, visit WWW.CHIPOTLE.COM.

View original content to download multimedia:http://www.prnewswire.com/news-releases/chipotle-launches-chipotle-iq-to-put-fans-brand-knowledge-to-the-test-301118519.html

SOURCE Chipotle Mexican Grill, Inc.


Copyright 2020 PR Newswire

[Investors3]

That is good customer feedback, IMO! I don't know if the corporate office monitors this or any stock message boards, but you give some good observations with major areas for improvement...I thought that quality food was their major concern!

[MADDSTACKER]

They need to announce forward split

[mdb1]

Almost @ $1300s. Even i did expect this to happen so quickly.

[MADDSTACKER]

Would love to hear a forward split here !

[mdb1]

Over $1200s!!!!!!

[Threeflight]

Being brutally honest here. I went to CMG 3 different times the past week after not being there in at least a year. I go to a CMG here in S Cal (Valencia) that has always been busy. Great area. People with money.

Went there during a Tuesday and Fri evening, and a Sat at lunchtime.

At no time was the crowd within 50% of what it was before covid. When I went before my wife and I always had a 10 minute wait at least. I realize most orders are pickup, but even with that I sat in the parking lot and watched for 20 minutes, it was a maybe 25% of a normal crowd.

The food? Not as good as I remembered it. I got the barbacoa burrito the first time with avocado, and the bowl the next 2 times, first with chicken and then with steak. The flavors were very bland. Not all that fresh. I only finished one of the meals. I was kind of upset with myself that I spent $10 per meal.

Putting it simply, I have no idea how this stock is where it is $ wise.

[Investors3]

Chipotle Launches The Tony Hawk Burrito, Offers Access To Tony Hawk's Pro Skater 1 And 2 Warehouse Demo

https://ih.advfn.com/stock-market/NYSE/chipotle-mexican-grill-CMG/stock-news/83036388/chipotle-launches-the-tony-hawk-burrito-offers-ac

NEWPORT BEACH, Calif., Aug. 10, 2020 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced it is teaming up with skating legend and brand superfan Tony Hawk to offer his go-to Chipotle order exclusively on the Chipotle app and Chipotle.com. Starting today, the first 2,000 fans who order the Tony Hawk Burrito, made with brown rice, black beans, chicken, tomatillo-red chili salsa and guac, will get access to the Tony Hawk's™ Pro Skater™ 1 and 2 Warehouse Demo for PlayStation 4, Xbox One, or PC.

On August 14 at 11am PT/2pm ET, the launch will culminate in a 2-hour live stream from Chipotle's Twitch page (www.twitch.tv/chipotle) featuring Tony Hawk, fellow skateboarder Jagger Eaton and actor Finn Wolfhard playing the Tony Hawk's Pro Skater 1 and 2 Warehouse Demo. The trio will give out up to 5,000 free burritos to viewers throughout the stream.

"This first of its kind menu integration gives our fans a chance to eat like the greatest skater of all time and get access to the demo for one of the summer's most anticipated video game releases," said Chris Brandt, Chief Marketing Officer. "Real athletes need real food, and Chipotle is excited to continue being a part of Tony's training routine whether it's competing at the skatepark or in a video game."

Tony Hawk has been a Chipotle celebrity card holder, an exclusive membership tier afforded to famous friends of the brand that grant recipients free meals and catering, since 2013. Tony Hawk's Pro Skater 1 and 2 is a remaster of the first two games in the Tony Hawk's™ Pro Skater™ franchise: Tony Hawk's Pro Skater (1999) and Tony Hawk's Pro Skater 2 (2000). The game will feature never-before-seen tricks as well as Create-A-Skater, Create-A-Park and online multiplayer modes.

"Chipotle burritos are a favorite way to refuel after long skate sessions," said Tony Hawk. "It's a blast to see the enthusiasm for Chipotle, skating and video games continue to grow and inspire a new generation. Whether you're a veteran THPS player or new to the game, Tony Hawk's Pro Skater 1 and 2 has something for everyone."

Since launching its channel earlier this year, Chipotle has amassed more than 27,000 followers on Twitch. Finales for the Chipotle Challenger Series, the brand's marquee esports tournament that allows amateur gamers to compete against gaming stars and celebrities, have been livestreamed from Chipotle's Twitch, along with exclusive musical performances.

The first 2,000 account holders to order the Tony Hawk Burrito on the Chipotle mobile app or at order.chipotle.com will receive a code to the e-mail associated with the account, allowing the recipient to access a demo version of the re-launch of the Tony Hawk's Pro Skater 1 and 2 video game, ESRB rated T for Teen. If you place a qualifying order, you consent to receiving the email and code even if you have previously opted out of receiving marketing communications from Chipotle. You'll need an Activision account, applicable platform account and internet connection to redeem the Code. Void where prohibited; additional terms may apply.

Internet required for online multiplayer (gaming subscription service sold separately) and other features.
© 2020 Activision Publishing, Inc. ACTIVISION and PRO SKATER are trademarks of Activision Publishing, Inc. Tony Hawk is a registered trademark of Tony Hawk, Inc.

ABOUT CHIPOTLE

Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. Chipotle had over 2,650 restaurants as of June 30, 2020, in the United States, Canada, the United Kingdom, France and Germany and is the only restaurant company of its size that owns and operates all its restaurants. With more than 91,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices. Steve Ells, founder and former executive chairman, first opened Chipotle with a single restaurant in Denver, Colorado in 1993. For more information or to place an order online, visit WWW.CHIPOTLE.COM.

View original content to download multimedia:http://www.prnewswire.com/news-releases/chipotle-launches-the-tony-hawk-burrito-offers-access-to-tony-hawks-pro-skater-1-and-2-warehouse-demo-301108883.html

SOURCE Chipotle Mexican Grill, Inc.


Copyright 2020 PR Newswire

[mdb1]

Approaching $1200

[mdb1]

Wonder if CMG could hit $1500s in next 2 months?

[Investors3]

Chipotle Mexican Grill To Announce Second Quarter 2020 Results On July 22, 2020

NEWPORT BEACH, Calif., June 2, 2020 /PRNEWSWIRE/ -- Chipotle Mexican Grill (NYSE: CMG) will host a conference call to discuss second quarter 2020 financial results on Wednesday, July 22, 2020 at 4:30 PM Eastern time.

https://ir.chipotle.com/2020-06-02-Chipotle-Mexican-Grill-To-Announce-Second-Quarter-2020-Results-On-July-22-2020

A press release with second quarter 2020 financial results will be issued at approximately 4:10 PM Eastern time on Wednesday, July 22, 2020.

Participants can join the conference by dialing 1-888-317-6003 and will be prompted to enter the code 8773093. International callers can dial 1-412-317-6061 and will be prompted to enter the code 8773093.

The call will also be webcast live from the Company's website on the investor relations page at ir.chipotle.com and registration is available at HTTPS://WWW.WEBCASTER4.COM/WEBCAST/PAGE/1894/35113. An archived webcast will be available approximately one hour after the end of the call.

ABOUT CHIPOTLE
Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. Chipotle had over 2,600 restaurants as of March 31, 2020, in the United States, Canada, the United Kingdom, France and Germany and is the only restaurant company of its size that owns and operates all its restaurants. With more than 85,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices. Steve Ells, founder and former executive chairman, first opened Chipotle with a single restaurant in Denver, Colorado in 1993. For more information or to place an order online, visit WWW.CHIPOTLE.COM.

SOURCE Chipotle Mexican Grill



For further information: Laurie Schalow, [phone], [e-mail]

[ashy2classy]

Yep, at about 5x most other large chains it's a joke IMO. No way it should be anywhere near pre-covid prices, let alone way above.

[mdb1]

CMG hit over $1100 today, even as coronavirus is decimating most restaurants across US.

[ashy2classy]

I bailed long ago. No explanation on this one. Doesn't deserve to be up here, IMO. GLTY!

[mdb1]

$1100s broken through. Now for $1200. CMG keeps going higher.

[Investors3]

Chipotle Announces Virtual Farmers' Market Powered By Shopify
June 30 2020 - 08:04AM
PR Newswire (US)

https://ih.advfn.com/stock-market/NYSE/chipotle-mexican-grill-CMG/stock-news/82756914/chipotle-announces-virtual-farmers-market-powered

NEWPORT BEACH, Calif., June 30, 2020 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced the Chipotle Virtual Farmers' Market, powered by Shopify, that will allow farmers in the Chipotle supply chain to launch improved versions of their own eCommerce websites. Through individualized online marketplaces, Chipotle suppliers will be able to sell meat, dairy and grain products, and other items directly to consumers across the country. As a digital innovator known for seeking long-term solutions, Chipotle is assisting in the development of each supplier's site, covering hosting fees on Shopify for two years and supporting the design and development of the direct-to-consumer storefronts.

The Chipotle Virtual Farmers’ Market, powered by Shopify, allows farmers in the Chipotle supply chain to launch improved versions of their own eCommerce websites. Through individualized online marketplaces, Chipotle suppliers will be able to sell meat, dairy and grain products, and other items directly to consumers across the country.

The agricultural industry has been weathering a crisis for years that has recently been magnified and accelerated due to the COVID-19 pandemic. Farmers around the country have had to destroy millions of pounds of fresh goods due to decreased demand with restaurants, hotels and schools closed. The Chipotle Virtual Farmers' Market aims to give Chipotle's suppliers a new stream of revenue and enhance their commitment to sustainable farming practices amid unforeseen circumstances.

"It can be intimidating for many family farms to change the way they do business, so we're giving our suppliers the right tools and resources to successfully launch improved eCommerce platforms," said Chris Brandt, Chief Marketing Officer. "Our Food with Integrity values start with our farmers and helping them adapt to new technologies and ways of reaching the consumer is crucial for both the future of the farming industry and Chipotle."

To kick-off the program, four different Chipotle suppliers will sell through their own individual digital storefronts as part of the Chipotle Virtual Farmers' Market: Niman Ranch, Petaluma Creamery, McKaskle Family Farm and Meister Cheese. Each supplier is essential to Chipotle's existing restaurant supply chain and has been working with the brand for over a decade. Niman Ranch supplies restaurants with pork for carnitas and beef for steak and barbacoa. Petaluma Creamery provides Monterey Jack shredded cheese, Meister Cheese provides Monterey Jack shredded cheese and Monterey Jack cheese for Queso Blanco, and McKaskle Family Farm supplies organic white and brown rice. Each product used in Chipotle restaurants is called out next to each farm on the Virtual Farmers' Market homepage, so fans can easily order key ingredients in their favorite menu items. Throughout the week, Chipotle's Director of Culinary and Menu Development Chef Chad Brauze will share Chipotle Virtual Farmers' Market-inspired recipes on Chipotle's TikTok channel.

Customers from around the country can find links to each supplier's virtual storefront by visiting: farmersmarket.chipotle.com. The four storefronts can also be accessed directly:

* Niman Ranch

* Petaluma Creamery

* McKaskle Family Farm

* Meister Cheese

Over the past month, Chipotle and Shopify have worked together to lead virtual onboarding sessions with the partner farmers to help them get acquainted with Shopify's eCommerce platform.

"This new Virtual Farmers' Market gives an opportunity for my farm, and hundreds of other small, sustainable farmers like me in the Niman Ranch network raising livestock humanely and without antibiotics, to remain sustainable and resilient through hard times," said Kirsten Eckerman, Wisconsin farmer for Niman Ranch.

As reported in its latest Sustainability Report Update, Chipotle is empowering the next generation of farmers by offering education, scholarships, grants, and three-year contracts to young farmers. Chipotle and the Chipotle Cultivate Foundation have contributed over $500,000 to-date to support the next generation of farmers through the National Young Farmers Coalition. Most recently, 50 diverse young farmers were awarded $5,000 grants to begin or grow their business, 78% of which represent minorities in the industry. Additionally, Chipotle and Chipotle Cultivate Foundation are helping growth stage ventures across the country to advance innovative solutions in farming through the accelerator program, Chipotle Aluminaries Project 2.0.

ABOUT CHIPOTLE

Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. Chipotle had over 2,600 restaurants as of March 31, 2020, in the United States, Canada, the United Kingdom, France and Germany and is the only restaurant company of its size that owns and operates all its restaurants. With more than 85,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices. Steve Ells, founder and former executive chairman, first opened Chipotle with a single restaurant in Denver, Colorado in 1993. For more information or to place an order online, visit WWW.CHIPOTLE.COM.

[Investors3]

Chipotle, Grubhub Strike Delivery Deal
June 29 2020 - 09:20AM
Dow Jones News
By Micah Maidenberg

https://ih.advfn.com/stock-market/NYSE/chipotle-mexican-grill-CMG/stock-news/82747010/chipotle-grubhub-strike-delivery-deal


Chipotle Mexican Grill Inc. said it has added Grubhub Inc. as a delivery provider , a deal that underscores how restaurant chains are looking to beef up delivery options after officials ordered dining rooms closed earlier this year to try to slow the spread of the coronavirus.

Chipotle on Monday said consumers can now order burritos and other menu items from its stores through Grubhub's app as well as the delivery company's website.

Chipotle said for the first quarter its digital sales rose 81% year over year, representing about 26% of total sales for the period.

The company said in March that after closing its dining rooms due to the pandemic, it moved to invest in digital sales and delivery, including focusing marketing on such efforts and striking a delivery deal with Uber Technologies Inc.'s Uber Eats unit.

Chipotle's food is available through other delivery firms too, such as Postmates Inc.

Grubhub earlier this month agreed to merge with the European delivery provider Just Eat Takeaway.com NV after holding talks with Uber about a potential combination.


Write to Micah Maidenberg at [e-mail]

[Investors3]

Amateur Gamers To Compete Against Star-Studded Lineup In 2020 Chipotle Challenger Series II

https://ih.advfn.com/stock-market/NYSE/chipotle-mexican-grill-CMG/stock-news/82702759/amateur-gamers-to-compete-against-star-studded-lin

PR Newswire (US)
NEWPORT BEACH, Calif., June 22, 2020 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced the second edition of the 2020 Chipotle Challenger Series (CCS) that will allow fans to face-off against celebrities, athletes, musicians and more in Call of Duty: Warzone for a chance to win $25,000 and a year of free Chipotle. The competition is open to all gamers 17 years or older and will feature a duos format. Teams can register and find terms of entry and participation by visiting: www.chipotlechallengerseries.com.

The 2020 Chipotle Challenger Series II will give amateur gamers the chance to compete against Chipotle celebrity fans in Call of Duty: Warzone. The finale champions will take home $25,000 and free Chipotle for a year. (PRNewsfoto/Chipotle Mexican Grill, Inc.)

Hitmaker Offset of Migos, actor Finn Wolfhard, basketball star Sabrina Ionescu, professional football players Von Miller, Kyler Murray, Baker Mayfield, and Justin Herbert and DJs Dillon Francis, ILLENIUM, Jauz and Cray will compete against amateur gamers. Top esports talent, including Nadeshot and CouRage of 100 Thieves, TimTheTatMan, Symfuhny, TeePee, KingRichard, FaZe Swagg, HusKerrs, Aydan, GoldGlove, DougIsRaw, Barstool HooliganZ will also participate.

"The Chipotle Challenger Series gives real amateur gamers the chance to go head to head against esports icons and Chipotle celebrity fans," said Chris Brandt, Chief Marketing Officer. "The new duos format will make the second edition of the series even more competitive for participating gamers."

Qualifying competitions, which are open to all amateur gamers, will take place on June 27 and 28 and July 11 and 12. The 2020 Chipotle Challenger Series II Finale, featuring 20 invited teams and 20 qualifying teams, will be hosted on Thursday, July 16 at 12pm PT/3pm ET on Chipotle's Twitch channel (twitch.com/chipotle). Shoutcaster legends Chris Puckett and Maven will give away a total of 5,000 free burritos to viewers throughout the finale stream. For ongoing updates on the competition, fans can follow Chipotle on Twitch, Twitter and Instagram.

The first edition of the 2020 Chipotle Challenger Series began with qualifying competitions in April and a live-broadcasted finale on April 30. Despite the competition featuring a bevy of esports talent, a surprising quartet of gamers Almxnd, Scummin, Intechs, and Insite took home the title. The team has been invited back for the 2020 Chipotle Challenger Series II to defend their title.

In addition to taking home a $25,000 prize and free Chipotle for a year, Chipotle will match the prize pool with a $25,000 donation to the National Urban League, an organization with a deep history and proven track record for supporting Black communities. Chipotle digital customers can support the National Urban League by rounding up their bill to the next highest dollar amount at checkout on the Chipotle app and Chipotle.com.

ABOUT CHIPOTLE
Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. Chipotle had over 2,600 restaurants as of March 31, 2020, in the United States, Canada, the United Kingdom, France and Germany and is the only restaurant company of its size that owns and operates all its restaurants. With more than 85,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices. Steve Ells, founder and former executive chairman, first opened Chipotle with a single restaurant in Denver, Colorado in 1993. For more information or to place an order online, visit WWW.CHIPOTLE.COM.

[Investors3]

Chipotle Expands Digital Platform With Canadian App Launch And U.S. Ordering Enhancements

https://ih.advfn.com/stock-market/NYSE/chipotle-mexican-grill-CMG/stock-news/82677773/chipotle-expands-digital-platform-with-canadian-ap

PR Newswire (US)
Facebook Messenger, group ordering and donation option broaden U.S. digital capabilities

NEWPORT BEACH, Calif., June 17, 2020 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced a series of innovations to its digital platform to increase access and convenience for guests, including the introduction of the Chipotle app in Canada. Now guests in Canada can order their favorite Chipotle meals via Chipotle.ca or the Chipotle app, as well as through DoorDash and Uber Eats.

Beginning June 22, guests can order on Facebook Messenger by visiting Facebook.com/chipotle or the Chipotle page on the Facebook app and selecting the “Message Us” option.

"Investing in our digital ecosystem in Canada will enhance the guest experience and position us well for future growth," said Anat Davidzon, Managing Director – Canada, Chipotle.

Chipotle is also introducing a series of enhancements to its mobile ordering capabilities including Pepper, its Concierge Bot on Facebook Messenger. Beginning June 22, customers can order on Messenger by visiting Facebook.com/chipotle or the Chipotle page on the Facebook app and selecting the "Message Us" option. Pepper will ask for the customer's location to find the closest Chipotle restaurant. Next, the customer will be guided through the ordering experience, which mirrors the in-restaurant process, allowing guests to completely customize meals with light, standard or extra ingredient quantities and sides. Customers also have the option to use natural language to simply describe their order to Pepper. Finally, a payment option can be selected, and new customers can create an account or checkout as a guest, while existing customers can login to their Chipotle Rewards (US-only) account to access saved payment info and redeem rewards. Orders will be created for mobile pickup or delivery, which are customized via the brand's Digital Kitchens, dedicated ingredient stations operated by special teams in nearly all Chipotle locations. Digital orders feature tamper evident packaging seals to help ensure food is secure upon pick-up in-restaurant or delivery.

"We're always working to enhance and optimize our digital capabilities and provide guests with a seamless ordering experience," said Curt Garner, Chief Technology Officer, Chipotle. "It is critical that we meet customers where they are spending time online and give guests ordering options that best fit their needs."

For individuals dining with family, friends, or coworkers, they can now utilize Chipotle's group ordering feature by simply selecting 'start a group order' on Chipotle.com. Customers will then be able to share a group order link, which allows multiple people to participate in the ordering process simultaneously. The checkout is handled by the host, and everyone can track the order via Chipotle.com.

Starting tomorrow, Chipotle will also be leveraging the Chipotle app and Chipotle.com as a donation platform to allow others to give back. Using a new technology feature, guests can round up their bill to the next highest dollar amount at checkout to donate to organizations advocating against issues like systemic racism and inequality, beginning with the National Urban League in June.

ABOUT CHIPOTLE
Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. Chipotle had over 2,600 restaurants as of March 31, 2020, in the United States, Canada, the United Kingdom, France and Germany and is the only restaurant company of its size that owns and operates all its restaurants. With more than 85,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices. Steve Ells, founder and former executive chairman, first opened Chipotle with a single restaurant in Denver, Colorado in 1993. For more information or to place an order online, visit WWW.CHIPOTLE.COM

[Cuppy]

The length of time (after the second wave of pandemic is obvious) and the fact I was using money from the couch cushions.

[DowDeva]

Give it time for something that low and hedge against it with an otm call?

That's very low. Not saying we won't reach it, but what made you choose that strike?

[Cuppy]

how the f*** can this stock stay at these levels??? it makes NO SENSE.

I have a September 400 put in my Roth-IRA.

[DowDeva]

Added to CMG puts at 1020.~d eom

[DowDeva]

CMG rejected at 1037 and trending down again.

~d

[DowDeva]

The long fly just placed was a put.

Sold a 1065/1070 June 12th call for 1.00. Slightly risky trade.

They wouldn't take a short fly above 1066 strike. So we know where price is most likely not going to, by Friday.

~d

Edit: A lot of sells at the 1036 and 37 share price.

[DowDeva]

The clue was the rejection of the prior high. I wasn't watching at the time.

Went long a 2/3/1 890/880/875 fly for July expiration. Trade taken immediately which usually means there will be further upside, and there was. Placed trade at CMG 3027 and it is currently at 3030.

Will be looking to place a trade in the other direction for an OTM uneven fly with June 12th expiration at around 1080. for a credit.

[ashy2classy]

Thanks. I bailed on my put a couple days ago. Missed out on today. I'm sure it'll tank and I'll puke LOL!

[DowDeva]

CMG reached Hurst s/t Hurst objective of 1027 (not mentioned on board). Next price objective is 880 to 887 if further decline.

Long term Hurst projection of 1200 still on board.

[ashy2classy]

Breaking below the UTL for the first time. Could be time for a fall. We'll see.

http://schrts.co/KKwTDxTu

[Cuppy]

white house TELLING every citizen to get takeout

------


who in their right mind listens to anything coming out of this White House?

[Ferda]

You must he a very healthy eater lol! These smartphone apps are really nice for ordering breakfast, lunch, and dinner I call it the triple threat.

I think a lot of people in and around city areas were ordering food in relatively high frequency before cv19. Now mix in a pandemic and the white house TELLING every citizen to get takeout.

[DowDeva]

Ashy, you might want to roll out to July before you lose your extrinsic value in those puts. I am rolling my SPY puts out to July.

~d

[ashy2classy]

I'm sticking it out for a bit longer. Apparently they're not letting 1056 break today so I guess it's just more up. We'll see. GLTY!

[DowDeva]

Ashy, good afternoon. I'm so sorry. Been there, done that.

I have blown up my account so many times I don't want to think about it. I think you were lucky with your first short and jumped right back in.

Someone recently told me that we are most vulnerable after a succssful trade. I am closing out my 1 put (LOL) today and taking the hit.

It is essential to learn good position sizing and loss management, the big ones keep pounding the table with that over and over again.

Best regards,

~d

[ashy2classy]

Bot a June 19 1000 put when we were around 1061-1063. *GULP*

[ashy2classy]

Range still holding. See what happens the rest of the day.

http://schrts.co/JfMUDEuJ

[ashy2classy]

I just saw the volume bar at the very EOD; I assumed that was an arranged sale for an insider.

[DowDeva]

Ferda,

Take a look at this, very interesting too. I went on the SPY board and asked if everyone was eating take out during the quarantine:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156065976

It simply boggles the mind that take out food is outperforming the SPX.

[DowDeva]

Can you show it please? Tia ~ d eom

[ashy2classy]

Appears there was another sell EOD. Insiders taking advantage of these prices.

[Ferda]

My level of options knowledge is about sea level lol! Thanks

[Ferda]

Interesting I didn't know that stuff about the CEO and non GMO. I'll have to check filings more then glance but it looked like he also acquired shares?

I've eaten there frequently for many years. Quality hasn't been huge issue.. varies from store to store is what I've found. But I would also say the majority of people order it delivered or takeout BEFORE cv19. Seems like nobody ever sits in there to eat unless they don't have a car.

Definitely short CMG with any ecoli outbreaks haha! There is a website for tracking foodborne illnesses that I used to track if something was going down at CMG.

But anyways the reason I asked if you ate there is because that would explain some of your questions about why the price is still up. Its a cult food and has turned into a cult stock. It's delicious to most and the multiple delivery platform options make things very streamlined. In a way they are raising the fast food bar. So because of this people are investing heavily (i think).

Also agree that most indicators on the chart say its near short time.

[DowDeva]

Ferda, I don't know your level of knowledge but you might want to start with sellling way out of the money credit spreads on CMG, only on expiration days. For instance, selling the 1070 June 5th call and buying the 1075 would currently net you .25, or 25 dollars.

Trading gurus are always talking about risk/reward ratio, i.e., you don't want to invest a lot of money to make only $25, but one of the best traders I ever saw carefully logged away 25 and 35 at a time, one at a time, risking 500 or even 1000 or 1500, every week. He was betting a lot to make a little very safely.

I watched him hedge too, if he even though the trade was going to go against him. This is because a way OTM credit spread can turn into an in the money credit spread very fast. This is even more true with tech stocks. which more very fast.

He always hedged, even if he was buying, not selling, options. It was about protecting his capital.

[DowDeva]

I don't eat there, but hundreds of people on Yelp say since the new CEO took over it's really gone down in quality.

The first CEO really cared about his product and even said that he didn't approve of GMO foods. 'Coincidentally', there was a subsequent breakout of food poisoning in several of his restaurants. Stock tanks, CEO resigns, new CEO takes over and doesn't mention words like organic and non-GMO and stock recovers to new highs.

Turns out later several scientists found that the strain of food poisoning found in the Chipotle restaurants could only be grown in a lab, it is never found in nature.

So, as an environmentalist, I feel it is my political duty to short this stock, lol.

There's definitely some hand holding going on with the powers that be with this new CEO. He sells over a million shares at a new high? At $1050? During the coronavirus? And the stock doesn't tank?

I want to find out who he hangs with. This kind of thing really makes my blood boil.

Good luck with your decision, Ferda. It's a big one with a stock this pricey.

~d
.

[Ferda]

What are your thoughts on their food?

Very good posts ty. They help me learn. I'm just watching here but enjoy toying with short ideas.

[DowDeva]

Good luck, that is a long shot but possible. It needs the general market to turn down help the downdraft.

You might want to roll it up to 1000, if you can.

~d

[ashy2classy]

Thanks for all your help, DD! I'm holding June 19 900 puts so we'll see what happens. Was hoping for 1000 again, but it's putting me to sleep instead. LOL!

[DowDeva]

Ashy,

if you put on a 30 minute chart with price bars or candles, you'll see big long price bars on the decline down on 5/26 before it found support on 5/27. Those kind of big candles most people get all excited about and think price is going to continue in the same direction. They get all excited and call them 3 or 5 black crows or white soldiers in candlestick charting.

The truth is, on an intraday chart particularly, they usually get 'traded out', i.e., price will retrace to test them BEFORE price potentially goes down in the same direction (or if they even do). That is exactly what happened here with CMG.

However, CMG couldn't make it all the way back up to the top of the first huge candle down on it's retracement to 1086, but only made it partway.

That's important.

There was another big price bar on the 30 minute on 6/1 going up at 9:30. That bar looks likely to be traded out and there is also a gap on 6/29 at 1014. Gaps also act as magnets.

The volume is awful here and that works both ways, up and down. There is volume support around 1024 and 1000, plus or minus, and that should act as a magnet too.

Actually, the real volume support is around 900 or so.

AND THE CEO SOLD ALMOST ALL HIS SHARES!

I have no idea what will happen. But I like these odds.

[DowDeva]

Ashy, do you have a volumeprofile study on your platform? ToS, right?

I want to teach you something.

~d

[ashy2classy]

1035 held it. See what happens next. Maybe test 1060 again?