Chipotle Opens 4,000th Restaurant in U.S. and Canada, Aiming for 7,000 Locations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 12 2025
0mins
Should l Buy CMG?
Source: Newsfilter
- Milestone Achievement: Chipotle has opened its 4,000th restaurant in Manhattan, marking a 70% increase in locations since CEO Scott Boatwright took over in 2017, adding approximately 1,700 restaurants and demonstrating strong expansion momentum.
- Future Growth Plans: The company anticipates opening between 315 to 345 new restaurants in 2025, with at least 80% featuring Chipotlane, an innovative pick-up option that will enhance customer experience and drive sales growth.
- International Expansion Strategy: Chipotle currently operates over 100 restaurants outside the U.S., including 75 in Canada, and plans to open its first locations in Mexico next year, showcasing its commitment to global growth.
- Sustainability Commitment: Chipotle is dedicated to serving responsibly sourced ingredients and promoting sustainable business practices, with expectations to create more job opportunities in the future, further solidifying its leadership position in the food industry.
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Analyst Views on CMG
Wall Street analysts forecast CMG stock price to rise
25 Analyst Rating
18 Buy
7 Hold
0 Sell
Moderate Buy
Current: 32.650
Low
35.00
Averages
45.95
High
56.00
Current: 32.650
Low
35.00
Averages
45.95
High
56.00
About CMG
Chipotle Mexican Grill, Inc. is a restaurant company. The Company develops and operates restaurants that serve a menu of burritos, burrito bowls, quesadillas, tacos, and salads, made using fresh ingredients. The Company operates approximately 3839 restaurants in the United States, Canada, the United Kingdom, France, Germany, Kuwait, and United Arab Emirates. It owns and operates all its restaurants in North America and Europe. The Company is focused in serving sourced, classically cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. Its menu includes Burrito, Burrito Bowl, Lifestyle Bowl, Quesadilla, Salad, Tacos, Kid’s Meal, Chips and Sides, and Build your Own (digital only). It also includes Raymonte’s Chicken Bowl, The Mr. Fantasy Burrito, Carne Asada, Build-Your-Own Chipotle, catering and group order. Its subsidiaries include Chipotle Mexican Grill Canada Corp., Chipotle Mexican Grill France SAS, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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