The collection features its previously sold-out Cilantro Soap, "Water" Cup Candle and Car Napkin Holder Chipotle Rewards members have an exclusive opportunity to win the entire set through the first-ever Rewards Exchange sweepstakes1 New festive holiday-themed virtual and physical gift cards are available now with a BOGO entree offer2 for early shoppersNEWPORT BEACH, Calif., Nov. 13, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced it is bringing back three of its best-selling, viral products: Cilantro Soap, the "Water" Cup Candle and Car Napkin Holder, the perfect gifts for Chipotle fans this holiday season. Starting November 14 at 9 a.m. PT, items from the "All I Want

NEWPORT BEACH, Calif., Nov. 11, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced that after a robust and thorough process, its Board of Directors has appointed Scott Boatwright as chief executive officer and a member of the board, effective immediately. Prior to being named Interim CEO in August, Boatwright served as chief operating officer, reporting directly to the company's CEO since 2017. Responsible for more than 125,000 employees and over 3,600 restaurants, Boatwright has been a driving force for improving the company's overall guest experience. In

The company is rolling out a new system by Paradox that will make the hiring process simpler, faster, and more automated for all 3,500+ restaurants in North America and Europe The Paradox platform is supporting Chipotle's fall hiring efforts, its second largest hiring period of the yearNEWPORT BEACH, Calif., Oct. 22, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) announced today that it is partnering with Paradox to introduce a new platform that will make hiring employees more efficient for its restaurant teams. Paradox's conversational hiring system will enable the General Managers in Chipotle's restaurants to spend less time on administrative tasks, including collecting basic infor

Lumachain's SaaS platform uses Computer Vision-based Artificial Intelligence to enhance safety, yield, efficiency, quality, traceability, and trust in food productionBrassica is a Mediterranean inspired sandwich and salad concept committed to wholesome ingredients and sustainable practicesNEWPORT BEACH, Calif., Oct. 15, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced it is making a minority investment in Lumachain, an AI supply chain platform, and Brassica, a fast-casual restaurant concept, through its $100 million Cultivate Next venture fund. Introduced in 2022, Cultivate Next makes early-stage investments into strategically aligned companies that further Chipotle's m

Chipotle Rewards members in costume will receive a $6 USD entrée offer* in-restaurant on October 31.Chipotle will nourish Gen Z's late-night cravings with extended hours in select college towns across the U.S.For the first time, Chipotle will celebrate Boorito in Europe with a £6 / €7 entrée offer** at its U.K. and France locations. Fans in Canada will also be able to enjoy a $7 CAD entrée offer* in-restaurant on Boorito.NEWPORT BEACH, Calif., Oct. 8, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced Boorito, the brand's iconic Halloween tradition, will return as an in-restaurant celebration with a discounted entrée offer for guests in costume from 3 p.m. to close local

NEWPORT BEACH, Calif., Oct. 2, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) announces the opening of its first restaurant in Dubai today in partnership with leading international franchise retail operator Alshaya Group. Located at 'The Beach' at Jumeirah Beach Residence (JBR), this new location marks Chipotle's first restaurant in the United Arab Emirates, with a second location planned to open in the region at the Dubai Hills Mall in the coming months. The new Chipotle at JBR is set in a marquee location along the beachside boulevard, spanning over 6,000 square feet, and is open from 10:00am – 12:00am local time on weekdays; and until 1:00am local time on weekends. In April, Chipo

The brand is giving fans a chance to score a BUY-ONE-ENTREE-GET-ONE-QUESADILLA (BOGO) offer1 starting September 23.On National Quesadilla Day, Chipotle will give away free quesadillas on DoorDash2 and Uber Eats3 with eligible purchases.Chipotle's award-winning Hand-Crafted Quesadillas feature melted Monterey jack cheese, a choice of protein, optional fajita veggies, and three sides for dipping.NEWPORT BEACH, Calif., Sept. 19, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced it is celebrating National Quesadilla Day by giving away up to $1 million in free quesadillas. For the first time ever, the company will delight fans with BUY-ONE-ENTREE-GET-ONE-QUESADILLA (BOGO) off

The company's cobots (collaborative robots) are assisting crew members in Chipotle restaurants for the first timeThrough its Cultivate Next venture fund, Chipotle has invested in Vebu, a product development company that has co-created Autocado, and Hyphen, a foodservice platform that automates kitchen operations and has co-developed Chipotle's Augmented MakelineNEWPORT BEACH, Calif., Sept. 16, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) announced today Autocado, its avocado processing cobotic prototype developed in partnership with Vebu that cuts, cores, and peels avocados before they are hand mashed to create the restaurant's signature guacamole, and the Augmented Makeline, a cob

Chipotle's Mexican-inspired, tender Smoked Brisket returns to the menu after three years.Fans can experience Smoked Brisket with a $0 delivery fee offer* for a limited time.NEWPORT BEACH, Calif., Sept. 10, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced Smoked Brisket is back on the grill at participating restaurants in the U.S. and Canada for a limited time. Smoked Brisket has remained a top requested menu item for Chipotle to bring back among fans on social media since it was first introduced three years ago.  "We are listening to our guests and bringi

NEWPORT BEACH, Calif., Sept. 4, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) will host a conference call on Tuesday, October 29, 2024 at 4:30 PM Eastern time to discuss third quarter financial results and provide a business update for the fourth quarter to date.  A press release with third quarter financial results will be issued at approximately 4:10 PM Eastern time on Tuesday, October 29, 2024.    Participants can join the conference call by dialing 1-888-317-6003 and will be prompted to enter the code 0106477. International callers can dial 1-412-317-6061 and will be prompted to enter the code 0106477. The call will also be webcast live from the Company's website on the investor

RBC Capital Mkts resumed coverage of Chipotle Mexican Grill with a rating of Outperform and set a new price target of $70.00

Wedbush upgraded Chipotle Mexican Grill from Neutral to Outperform and set a new price target of $58.00 from $54.00 previously

Evercore ISI reiterated coverage of Chipotle Mexican Grill with a rating of Outperform and set a new price target of $72.00 from $3,600.00 previously

Goldman initiated coverage of Chipotle Mexican Grill with a rating of Buy and set a new price target of $3,730.00

Truist reiterated coverage of Chipotle Mexican Grill with a rating of Buy and set a new price target of $3,520.00 from $3,440.00 previously

Oppenheimer reiterated coverage of Chipotle Mexican Grill with a rating of Outperform and set a new price target of $3,485.00 from $3,300.00 previously

Oppenheimer reiterated coverage of Chipotle Mexican Grill with a rating of Outperform and set a new price target of $3,300.00 from $2,825.00 previously

Stephens resumed coverage of Chipotle Mexican Grill with a rating of Equal-Weight and set a new price target of $3,010.00

Argus reiterated coverage of Chipotle Mexican Grill with a rating of Buy and set a new price target of $3,366.00 from $3,265.00 previously

BTIG Research reiterated coverage of Chipotle Mexican Grill with a rating of Buy and set a new price target of $3,250.00 from $2,750.00 previously

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Truist Securities analyst Jake Bartlett maintains Chipotle Mexican Grill (NYSE:CMG) with a Buy and lowers the price target from $74 to $69.

Oppenheimer analyst Brian Bittner maintains Chipotle Mexican Grill (NYSE:CMG) with a Outperform and lowers the price target from $70 to $65.

Chipotle Mexican Grill Inc (NYSE:CMG) shares traded higher before paring gains Thursday morning on the heels of the company’s second-quarter financial results. Here’s what you need to know. What Happened: After the market close on Wednesday, Chipotle reported second-quarter revenue of $2.97 billion, beating the consensus estimate of $2.94 billion. The company also beat analyst estimates for earnings of 32 cents per share with reported earnings of 34 cents per share. According to data from Benzinga Pro, Chipotle has now beat estimates on the top and bottom lines in four consecutive quarters. Comparable restaurant sales increased 11.1% year-over-year driven by over 8% transaction grow

Barclays analyst Jeffrey Bernstein maintains Chipotle Mexican Grill (NYSE:CMG) with a Equal-Weight and lowers the price target from $58 to $55.

Piper Sandler analyst Brian Mullan maintains Chipotle Mexican Grill (NYSE:CMG) with a Neutral and lowers the price target from $61 to $56.

TD Cowen analyst Andrew Charles maintains Chipotle Mexican Grill (NYSE:CMG) with a Buy and lowers the price target from $72 to $65.

Sentiment continues to be jittery, with the major index futures priming for a lower opening on Thursday as traders look ahead to the first read of second-quarter GDP data and more earnings. The tech space could once again drag the broader market after a few disappointing earnings reports from the likes of Franco-Italian chipmaker STMicroelectronics N.V. (NYSE:STM), which predominantly supplies to the automotive end market, and semiconductor test-equipment company Teradyne, Inc. (NASDAQ:TER). Traders may also stay glued to second-quarter GDP data to confirm the slowdown suggested by some recent data does not point to a hard landing. That said, bond yields are dipping as the market, factori

Stephens & Co. analyst Jim Salera maintains Chipotle Mexican Grill (NYSE:CMG) with a Equal-Weight and lowers the price target from $64 to $61.

Wedbush analyst Nick Setyan maintains Chipotle Mexican Grill (NYSE:CMG) with a Neutral and lowers the price target from $64 to $54.

Former CFO Jack Hartung to remain with the organization indefinitely as President and Chief Strategy Officer, beginning October 1, 202415-year Chipotle veteran, Rymer, and 6-year veteran, McConnell, will assume their new roles, beginning October 1, 2024NEWPORT BEACH, Calif., Aug. 28, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced that it has accelerated the appointment of Adam Rymer to Chief Financial Officer, beginning October 1, 2024. Rymer will serve on Chipotle's executive leadership team and report to Scott Boatwright, Interim Chief Executive Officer. Former Chief Financial and Administrative Officer, Jack Hartung, will serve in his new role indefinitely as Presi

CHIPOTLE VETERAN ADAM RYMER NAMED SUCCESSOR NEWPORT BEACH, Calif., July 9, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced that after nearly 25 years with the company, Jack Hartung has decided to retire, effective March 31, 2025. Hartung has served as Chief Financial Officer since 2002. The company also reported that Adam Rymer, a 15-year Chipotle veteran will assume the role of Chief Financial Officer, beginning January 1, 2025. Rymer joined Chipotle in 2009 and currently serves as Vice President of Finance, overseeing its Corporate Finance, Field Finan

For more than 20 years, Chipotle's iconic Celebrity Card has been primarily gifted to brand superfans who are athletes, artists, musicians, or influencersAt a time when social media and the speed of culture are redefining who is considered a celebrity, Chipotle is giving all fans the chance to receive a coveted Chipotle Celebrity CardFrom June 24 through July 3, fans can apply to become a Chipotle Celebrity Card holder via LinkedIn Easy Apply*Chipotle Celebrity Cards grant holders access to free Chipotle meals and catering for one yearNEWPORT BEACH, Calif., June 24, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced that it is accepting applications on LinkedIn for its co

Chipotle unveils a curated list of its most unique restaurant locations for memorable Valentine's Day diningPeople with the word "Chipotle" in their online dating profiles are 2.4 times more likely to strike up a conversation with a potential matchChipotle will offer new Valentine's Day-themed virtual and physical gift cards for burrito loversNEWPORT BEACH, Calif., Feb. 1, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today launched a new Must-Visit Restaurant list featuring its most unique locations around the world, just in time for Valentine's Day. Whether fans are in a situationship or have proven their love by knowing their partner's Chipotle order, these restaurants feature ic

NEWPORT BEACH, Calif., Sept. 14, 2023 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced a new addition to its board of directors, Laura Fuentes, effective September 15. Brian Niccol, Chairman and Chief Executive Officer, stated: "We are pleased to welcome Laura to Chipotle's board. Her people leadership experience and deep understanding of the global hospitality industry will be pivotal in helping Chipotle to deliver added value to our guests, communities, employees and shareholders." With Ms. Fuentes' election, the Chipotle board will now be comprised of 10 di

Yiannas brings vast background in food safety to Chipotle's Food Safety Advisory CouncilJoining a group of independent experts, the former FDA Deputy Commissioner will review and advise on ways to further strengthen Chipotle's food safety culture, policies, and proceduresNEWPORT BEACH, Calif., April 13, 2023 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced the appointment of Frank Yiannas to the company's Food Safety Advisory Council. Most recently serving as the Deputy Commissioner at the U.S. Food and Drug Administration (FDA), Yiannas will join a group of independent experts commissioned to ensure Chipotle's food safety standards continue to evolve and serve as best pract