Company Operated Sales (USD Mil) is the total sales from the restaurants operated by the company instead of by franchisees.
In the restaurant business, when a company decides to open a new store, it can either sell franchises or expand on its own. When the company decides to franchise, it sells its proven business system and brand to an investor. For example, an already successful restaurant can transfer the business model and brand to investors in other towns. If the main business decides to expand on its own, it buys the equipment and real estate necessary for expansion. With franchises, individual business owners control quality in an independent location.
Chipotle Mexican Grill's Company Operated Sales (USD Mil) for the quarter that ended in Dec. 2023 was 2,499.57
, which higher from pervious quarter (Sep. 2023)'s result by 1.12%.
Chipotle Mexican Grill's Company Operated Sales (USD Mil) for the annual that ended in Dec. 2023 was 9,804.12
, which higher from pervious year (Dec. 2022)'s result by 13.54%.
The historical rank and industry rank for Chipotle Mexican Grill's Company Operated Sales (USD Mil) or its related term are showing as below:
CMG's Company Operated Sales (USD Mil) is not ranked *
in the Restaurants industry.
Industry Median: * Ranked among companies with meaningful Company Operated Sales (USD Mil) only.
Chipotle Mexican Grill Company Operated Sales (USD Mil) Historical Data
The historical data trend for Chipotle Mexican Grill's Company Operated Sales (USD Mil) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Chipotle Mexican Grill Annual Data
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Chipotle Mexican GrillQuarterly Data
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Competitive Comparison
For the Restaurants subindustry, Chipotle Mexican Grill's Company Operated Sales (USD Mil), along with its competitors' market caps and Company Operated Sales (USD Mil) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Chipotle Mexican Grill (NYSE:CMG) Company Operated Sales (USD Mil) Explanation
Company Operated Sales (USD Mil) is the total sales from the restaurants operated by the company instead of by franchisees.
In the restaurant business, when a company decides to open a new store, it can either sell franchises or expand on its own. When the company decides to franchise, it sells its proven business system and brand to an investor. For example, an already successful restaurant can transfer the business model and brand to investors in other towns. If the main business decides to expand on its own, it buys the equipment and real estate necessary for expansion. With franchises, individual business owners control quality in an independent location.
One of the key differences between franchise and chain stores is the amount of risk involved. When a company chooses to expand with chain stores, it assumes all of the risks on its own. It funds the entire expansion project. By comparison, when a company franchises, it passes some of the risks onto other investors. Franchising represents less risk for the parent company, but it shifts the risk to the franchisee.
Chipotle Mexican Grill Company Operated Sales (USD Mil) Related Terms
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Chipotle Mexican Grill (Chipotle Mexican Grill) Business Description
Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $8.6 billion in 2022. The Mexican concept is predominately company-owned (it recently inked a development agreement with Alshaya Group in the Middle East), with a footprint of nearly 3,200 stores at the end of 2022, heavily indexed to the United States, although the firm maintains a small presence in Canada, the U.K., France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.
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