Chipotle Mexican Grill, Inc.

Chipotle Mexican Grill (CMG – NYSE) operates fast, casual, fresh Mexican food restaurants serving burritos, tacos, bowls and salads. Through its vision of “Food with Integrity,” Chipotle is seeking better food that is sustainably grown and naturally raised with respect for animals, the land and farmers. The Company has about 700 restaurants in 33 states, almost all of which are company-owned.
Chipotle is a well-executed concept and great growth-stock story. The company has consistently beaten consensus earnings estimates since going public and over the last five years revenues have grown between 30 and 55 percent. Strong growth across all of Chipotle’s markets is driven by expansion and increasing same store sales in what is considered a very challenging economic backdrop for restaurants.
Chipotle is a sustainability leader in the restaurant industry. The company serves more naturally raised meat per year than any other restaurant in the United States. All of Chipotle’s restaurants serve naturally raised pork, 85 percent serve naturally raised chicken, and over 50 percent serve naturally raised beef. No meat is purchased from factory farms and farms are visited to ensure high quality. Today 25 percent of beans are organic and the company is increasing that percentage as greater supply becomes available. The company donates money to the Land Institute, which conducts sustainable agriculture research. The sour cream and cheese contain no synthetic growth hormone.
Chipotle also uses many elements of sustainable architecture in its restaurants including recycled content in 60 to 90 percent of their interiors, low VOC paints, tank-less water heaters, low-E windows and energy efficient lighting. Chipotle is currently testing a recycling system in 25 stores, which will be rolled out to all stores once the design is satisfactory.
Chipotle Mexican Grill, Inc.
1543 Wazee Street
Suite 200
Denver, CO 80202-1442
United States – Phone: 303-595-4000
www.chipotle.com