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Chipotle Mexican Grill (Chipotle Mexican Grill) Same Store Sales % : 8.40% (As of Dec. 2023)


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What is Chipotle Mexican Grill Same Store Sales %?

Same Store Sales %, also known as comparable-store sales, is the most important financial metric for restaurant operators to evaluate the performance of existing stores. It is the percentage growth of the average sales per store from the previous period to current period.

A positive number indicates that more sales were generated in the same store compared with the previous period, meaning demand is growing, while a negative number indicates the opposite.

Chipotle Mexican Grill's Same Store Sales % for the quarter that ended in Dec. 2023 was 8.40% , which is higher than 5.00% for the pervious quarter ended in Sep. 2023.

Chipotle Mexican Grill's Same Store Sales % for the annual that ended in Dec. 2023 was 7.90% , which is lower than 8.00% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Chipotle Mexican Grill's Same Store Sales % or its related term are showing as below:

CMG's Same Store Sales % is not ranked *
in the Restaurants industry.
Industry Median:
* Ranked among companies with meaningful Same Store Sales % only.

Chipotle Mexican Grill Same Store Sales % Historical Data

The historical data trend for Chipotle Mexican Grill's Same Store Sales % 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 Same Store Sales % Chart

Chipotle Mexican Grill Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Same Store Sales %
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Chipotle Mexican GrillQuarterly Data
Trend Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Same Store Sales %
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Competitive Comparison of Chipotle Mexican Grill's Same Store Sales %

For the Restaurants subindustry, Chipotle Mexican Grill's Same Store Sales %, along with its competitors' market caps and Same Store Sales % 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) Same Store Sales % Explanation

Same Store Sales %, also known as comparable-store sales, is the most important financial metric for restaurant operators to evaluate the performance of existing stores. It is the percentage growth of the average sales per store from the previous period to current period.

A positive number indicates that more sales are generated in the same store compared with the previous period, meaning growing demand demand is growing, while a negative number indicates the opposite. The higher the number is, the more growth the retailer has.

For restaurants, same-store sales can be improved by two factors: average ticket size and customer traffic. If each customer buys more on average, the average ticket size will increase. If more customers are buying from the store, the number of tickets will increase.


Chipotle Mexican Grill Same Store Sales % Related Terms

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Chipotle Mexican Grill (Chipotle Mexican Grill) Business Description

Traded in Other Exchanges
Address
610 Newport Center Drive, Suite 1100, Newport Beach, CA, USA, 92660
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.
Executives
Brian R Niccol director, officer: Chairman, CEO 1 GLEN BELL WAY, IRVINE CA 92618
Gregg L Engles director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Scott Boatwright officer: Chief Restaurant Officer 1401 WYNKOOP STREET, SUITE 500, DENVER CO 80202
Robin S Hickenlooper director 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Laurie Schalow officer: Chief Corp Affairs, Food Sft 610 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Curtis E Garner officer: Chief Technology Officer C/O AEROHIVE NETWORKS, INC., 330 GIBRALTAR DRIVE, SUNNYVALE CA 94089
Christopher W Brandt officer: Chief Marketing Officer 2202 NORTH WESTSHORE BLVD, TAMPA FL 33607
Patricia Filikrushel director DOLLAR GENERAL CORPORATION, 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Laura Fuentes director 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Albert S Baldocchi director 1601 HIGH STREET, BOULDER CO 80304
Marissa Andrada officer: Chief D&I and People Officer C/O KATE SPADE & COMPANY 2 PARK AVENUE, NEW YORK NY 10016
Roger E Theodoredis officer: Chief Legal Officer & GC 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Pershing Square Capital Management, L.p. director 787 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Jack Hartung officer: CFO & Chief Development Ofcr 1543 WAZEE STREET, SUITE 200, DENVER CO 80202
Scott Harlan Maw director 1411 E. MISSION AVENUE, SPOKANE WA 99202