Chipotle Mexican Grill (NYSE: CMG), whose stock is currently trading at around $809, generates its revenue from its Company operated Stores across the US with some stores (|2%) also present in Canada and Europe. In this note we discuss the historical performance, and expected Total Revenue...
Chipotle Mexican Grill features a menu of burritos, burrito bowls , tacos, and salads.
The idea was to show that food served fast didn’t have to be a typical “fast-food” experience. Using high-quality real ingredients, classic cooking techniques, and distinctive interior design, Chipotle brought features from the realm of fine dining to the world of quick-service restaurants. The Chipotle restaurants are primarily situated in the US and are fully company owned and thus reported under a single segment.Major competitors are companies like: Taco Bell, McDonald’s, Domino’s, KFC, and other fast food chains.
The restaurant growth is instrumental to the growth of revenue along with the average revenue per restaurant. Trefis estimates average number of restaurants to be more than 2,550 by the end of 2019. Average revenue per restaurant has seen a steady and consistent growth over the years. The metric increased from $1.8 million in 2016 to $2 million in 2018. Trefis estimates it to increase to $2.1 million in 2019.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Social Climbers Charts: ‘America’s Got Talent’ Retakes Top Unscripted Lead, Dwayne Johnson Rules Top ActorsThe charts rank the most popular personalities and TV shows based on data from Facebook, Instagram, Twitter and YouTube.
Baca lebih lajut »
Credit Suisse's top shareholder says no top execs should be fired over ongoing spying scandalCredit Suisse reportedly hired a private investigator to follow a top banker after he left to join rival Swiss bank UBS.
Baca lebih lajut »
Chloe Morello Shares Her Top 3 Beauty ProductsEver wondered how to get the Aussie influencer's glowing cheekbones? Now you can!
Baca lebih lajut »
Iran slams U.S. for barring top diplomat from New York hospital visitThe State Department said Iranian Foreign Minister Mohammad Javad Zarif could only visit a diplomat in hospital if Tehran released a detained American citizen.
Baca lebih lajut »
DeChambeau wedges way to the top at Safeway Open after second roundBryson DeChambeau charged atop the leaderboard at the Safeway Open on Friday aft...
Baca lebih lajut »
Microsoft Just Lost A Big Fight With America’s Top Huawei ProsecutorNewly-unsealed court documents have revealed a secret legal battle between Microsoft and one of America’s leading prosecutors focused on chasing Chinese technology companies breaking U.S. law
Baca lebih lajut »