
Chipotle CFO zeroes in on international growth
Chipotle’s CFO highlights aggressive international growth plans through a mix of company-operated units in Europe and franchise partnerships in new global markets.
Scott Boatwright is a person in Burnaze's franchise knowledge graph, mentioned since 2018. 46 stories link here, each summarized from the original publisher.

Chipotle’s CFO highlights aggressive international growth plans through a mix of company-operated units in Europe and franchise partnerships in new global markets.

The CREATE Investment Summit returns this July to facilitate networking and educational sessions between emerging restaurant chains and the private equity community.

Chipotle Mexican Grill is bringing back its “Summer of Extras” promotion as a way to build on its recently relaunched rewards program, per details shared with Marketing Dive.

For several quarters now, Chipotle CEO Scott Boatwright has teased a more personalized loyalty program that includes deeper engagement along the “consumer journey.” In April, that new-and-improved Chipotle Rewards progra

- Fast Casual - Food Trends - Marketing & Branding - News Chipotle tests crispy chicken The protein has been spotted in select restaurants of the fast-casual Mexican chain in Calif

The pizza giant is partnering with Alphabet-owned Wing to test drone deliveries in Charlotte, expanding its tech-focused 'PJX' innovation initiative.

Apparently a lot of people celebrated Cinco de Mayo (May 5) at Chipotle.

Chipotle reported stronger-than-expected first-quarter results and increased engagement among younger demographics following the implementation of its five-point strategic growth plan.

The fast-casual chain is scaling high-efficiency kitchen hardware across its footprint and expanding test programs for automated drone delivery to improve operational metrics.
Chipotle reported $3.1 billion in Q1 revenue, credited to back-of-house efficiency technology, new sauce innovations, and a successful catering push.

The fast-casual chain returned to positive same-store sales and transaction growth in the first quarter, despite margin pressures from ongoing inflationary headwinds.

Chipotle has named former Restaurant Brands International executive Fernando Machado as its new chief brand officer to lead global marketing and brand strategy.

Chipotle Mexican Grill has appointed former Burger King and Activision Blizzard executive Fernando Machado as its new chief brand officer to lead global marketing strategy.

Over 90% of Gen Z consumers say they would visit a restaurant just for a new sauce, Chipotle CEO Scott Boatwright told investors during the fast-casual chain’s third-quarter earnings call.
Third quarter highlights, year over year, include total revenue increasing 7.5% to $3.0 billion, comparable restaurant sales increasing 0.3%, and operating margin decreasing to 15.9% from 16.9%.

Chipotle plans global growth with recent openings in the Middle East
Boatwright has been a driving force for improving the company's overall guest experience.
Chipotle Mexican Grill, Inc today announced that Brian Niccol, Chairman and Chief Executive Officer, has accepted the role as Chairman and Chief Executive Officer of Starbucks and will be leaving…

A well-engineered menu can drive 10% to 15% or more revenue to a restaurant’s bottom line.

Chipotle plans to hire 10,000 employees to support the expansion of drive-thru lanes at its restaurants.
Chipotle has announced the opening of its 100th Chipotlane and plans to hire up to 10,000 new employees to support its growth.

Chipotle will use Zenput's food safety technology platform to help with quality control and consistency across its corporate-owned locations.