CHIPOTLE MEXICAN GRILL INC
Chipotle Mexican Grill, Inc. is a Delaware corporation that owns and operates Chipotle Mexican Grill restaurants. The company's business strategy includes sustaining world-class people leadership, running successful restaurants, making the brand visible and relevant, amplifying technology and innovation, and expanding access and convenience. Chipotle's menu features burritos, burrito bowls, quesadillas, tacos, and salads, and the company strives to serve responsibly sourced, classically cooked, real food with wholesome ingredients. As of December 31, 2023, Chipotle owned and operated 3,371 restaurants in the United States and 66 international restaurants. The company's website is www.chipotle.com and its ticker symbol is CMG. Chipotle's business is focused on providing high-quality food and a great guest experience. The company's food safety and quality assurance teams work to ensure compliance with food safety programs and practices, and Chipotle's digital platform continues to be a strategic driver of growth with digital sales representing 37.4% of food and beverage revenue in 2023. Chipotle also invests heavily in recruiting top talent, promoting diversity, equity, and inclusion, and providing growth and development opportunities for employees. The company's compensation packages and incentive programs, as well as a robust suite of benefit offerings, help engage current team members and attract new ones. Chipotle is subject to various federal, state, and local laws and regulations that govern aspects of its business operations, but the total costs associated with compliance have not had a material effect on the company's capital expenditures, results of operations, or competitive position. The company's business is also subject to general risks and uncertainties that affect many other companies. Additional risks not currently known to Chipotle or that it presently deems immaterial may arise and negatively impact its business, reputation, financial condition, results of operations, or the trading price of its common stock.