Chipotle Mexican Grill opened its first restaurant in 1993, became a subsidiary of McDonald’s in 1998, and was spun off in a public offering in 2006. The company operates more than 3,300 restaurants. CMG restaurants offer quick service, but maintain traditional cooking methods and utilize high-quality ingredients. The company has a tightly focused menu, but store design and decor vary by location. The company has been expanding rapidly in recent years as interest in Southwestern food has spread throughout the U.S. With a market capitalization of $49.8 billion, the shares are generally regarded as large-cap growth.
Subscribe to Yahoo Finance Plus Essential for full access
Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
EMEA Tribune is not involved in this news article, it is taken from our partners and or from the News Agencies. Copyright and Credit go to the News Agencies, email [email protected] Follow our WhatsApp verified Channel