Chipotle Mexican Grill, Inc. - Company Overview and Analysis, 2023 Update

Chipotle Mexican Grill, Inc. - Company Overview and Analysis, 2023 Update

Summary

Chipotle Mexican Grill, Inc. - Company Overview and Analysis, 2023 Update, reports key findings as of 31st October, 2023 based on market analysis and brand diversification by industry and geography.

Chipotle Mexican Grill (Chipotle) is a fast-food quick service restaurant (QSR) that operates Chipotle restaurants through its subsidiaries. It specializes in burritos, salads, tacos, bowls, and sides. Chipotle is headquartered in Newport Beach, California, the US. Chipotle has a major presence in North America, accounting for 99.6% of the company's overall sales in 2022. The company also operates a few outlets in Western Europe. GlobalData's thematic scorecard shows that Chipotle ranks first among the top 20 fast food companies and is investing more in themes such as online food delivery and future of work themes, where it scored five in these themes.

Scope

• North America was the key market for Chipotle
• The positive future outlook of the QSR market will support Chipotle's expansion plans
• West Europe with strong CAGR forecast to offer growth prospects for Chipotle
• Chipotle registered a drop in sentiment scores in July 2023

Reasons to Buy

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• Access valuable strategic take-outs to help direct future decision-making and inform new product development.