Chipotle Mexican Grill, Inc. CMG

Chipotle Mexican Grill (CMG) trades at 28.7 times its past year's earnings, the second-highest price-to-earnings ratio among six large restaurant chains. A price that high makes sense only if Chipotle grows faster or earns more than the chains priced below it. So does Chipotle deliver enough to be worth more than its rivals.

The company has opened 1,500 digital-order lanes less than 10 years after debuting the format.

Chipotle’s pickup lane journey quietly began in late 2018 when it started piloting an earlier generation of what would widely become known as the “Chipotlane.” The following November, at CNBC’s Evolve Summit in Los Angeles, then-CEO Brian Niccol shared a comment hinting fleet-changing potential. He claimed it was taking Chipotle “all of 12 seconds” to […]

Chipotle shares rise after unveiling the return, for a limited time, of its classic margaritas, which were discontinued in 2019.

Chipotle Mexican Grill (NYSE: CMG) today announced the "Summon the Spirits Tour," a five-city pop-up tour bringing back its fan-favorite margarita for a limited time ahead of Boorito, the brand's annual Halloween tradition. For years, fans have kept the discontinued drink alive online through nostalgic TikToks, throwback photos and requests for its return (see HERE, HERE) with users commenting "those margs were fireee," and "they need to run that back," and "I really grew up in the wrong era."

Chipotle Mexican Grill (NYSE:CMG) appointed Sabir Sami to its Board of Directors, effective immediately. Sami previously held senior leadership roles at Yum! Brands, including positions across major global quick service restaurant chains. His background includes international market oversight and operational leadership across multiple regions for franchise-driven restaurant systems. The addition of Sabir Sami to Chipotle's board is only one factor that matters for the business. Check out 2...