Chipotle Extends Carne Asada Into Early 2020

Chipotle Mexican Grill announced that it will be extending its new menu addition, Carne Asada, through the end of the year and into the first quarter of 2020. Originally introduced as a limited time offer, this premium protein continues to exceed the brand's expectations and drive new customer acquisitions. Offering responsibly raised beef with no antibiotics or added hormones that meets its food with integrity standards can sometimes limit options for supply; however, Chipotle sourced additional premium cuts of steak to season with fresh squeezed lime and finish with hand-chopped cilantro and a blend of signature spices to satisfy customer cravings.

Known for its animal welfare standards, Chipotle understands the connection between how food is raised and prepared and how it tastes. It makes an extra effort to partner with farmers, ranchers, and...

Chipotle Announces Third Quarter 2019 Results

Chipotle Mexican Grill, Inc. reported financial results for its third quarter ended September 30, 2019.

Third quarter highlights, year over year:

• Revenue increased 14.6% to $1.4 billion
• Comparable restaurant sales increased 11.0%, net of 10 bps from loyalty deferral, and included nearly 7.5% of comparable restaurant transactions growth
• Digital sales grew 87.9% and accounted for 18.3% of sales for the quarter
• Restaurant level operating margin was 20.8%, an increase of 210 basis points
• Diluted earnings per share was $3.47, net of...

Chipotle Enhances Animal Welfare Standards in Canada and Europe 

Chipotle Mexican Grill announced that it's signing the European Chicken Commitment, a venture that will apply even higher animal welfare standards to its entire European supply chain by 2026. Priding itself on serving food with integrity, Chipotle was an early participant in the U.S., supporting the Better Chicken Commitment since 2017 and has now extended this U.S. Broiler commitment to its operations in Canada as well.

Chipotle is committed to cultivating a better world, which means sourcing responsibly raised ingredients. For over 25 years, Chipotle has been an industry leader in exceptional animal welfare standards in the fast-casual space. As a brand started by a classically trained chef with a passion for real food, Chipotle has pioneered...