Chipotle Mexican Grill Chipotle had a very positive second quarter result announced in July. The fast food restaurant chain reported total revenue of $ 1.2 billion that is 14.1 % better than that reported for the second quarter of 2014. This phenomenal growth in revenue has the opening of 48 new restaurants during the second quarter behind it. The total restaurant count for Chipotle now stands at 1‚878. On not considering the new restaurants that were not present till the end of the second quarter
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over a year since the E.coli outbreak and Chipotle and some other poor performance of Chipotle management such as the law sue about the sexual assault and unpaid wages. We’ve seen that it’s very hard for Chipotle to reestablish customer trust. However‚ at this point‚ it’s very unlikely that Chipotle will have another foodborne illness in a near future. It will probably take some more time‚ maybe additional 12 months for people to start trusting Chipotle again. I think that it’s very unlikely that
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Confidential © 2005 Chipotle Mexican Grill‚ Inc.‚ All Rights Reserved. Information in this presentation contains forward-looking statements‚ which reflect expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements involve a number of risks and uncertainties. Such forward-looking statements include‚ but are not limited to‚ statements on the slide titled “Restaurants” about Chipotle’s expected restaurant openings and the
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Chipotle mexican grill was served with a federal grand jury subpoena in connection to a criminal investigation on the outbreak of the norovirus from their restaurant. The U.S. attorney’s office and the FDA are both investigating this case. More scrutiny was placed on food safety after the FDA Food Safety Modernization Act was signed to prevent contamination. The Fda plans on prosecuting restaurants to send a clear message to others that safety is of the utmost importance. This connects to our
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In 2015 Chipotle Mexican Grill faced an E. coli epidemic in many of its establishments across the country. The fast-food chain has grown rapidly in a short time‚ but the recent bacteria scare is putting strain on Chipotle’s sales. Back in October 2015‚ multiple cases of people getting sick were reported in the states of Washington and Oregon. As of January 2016‚ 55 people had fallen ill across 11 states. Chipotle’s biggest problem is that it had no idea what products were contaminated with E. coli
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multi-cuisine food to fit into existing successful Model. Hypothesis: To increase customer visit frequency & gain new food lovers & customers‚ Chipotle should expand its stores or open new line of multi-cuisine restaurant to serve its valued customers by maintaining its quality & standards. Analysis Plan / Solution Approach: To achieve this ‚ Chipotle should try out opening a new restaurant in different places in the country and consider inputs and values from customers who visit the stores and
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trying to steer them in a separate direction could prove to be difficult. In regards to a fast-casual‚ low cost establishment‚ that is the leading rector in the restaurant industry and could prove to be slightly more attractive (Langkos‚ 2015). Chipotle Chipotle competes in the fast dining industry‚ which did not exist when it first started more than 20 years ago. Now the company has over
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APPENDIX-A BALANCE SHEET ANALYSIS | | | Chipotle | 2011 | 2010 | Total liabilities | 381‚082 | 310‚732 | Total Shareholder ’s Equity | 1‚044‚226 | 810‚873 | Debt ratio | 27.70% | 26.73% | Debt to Equity ratio | 0.34 | 0.001 | | | | Current asset | 501‚192 | 406‚221 | Current liabilities | 157‚453 | 123‚054 | Working capital | 343‚739 | 282‚554 | Current ratio | 3.3 | 3.18 | Acid test ratio | 0.55 | 0.26 | Red Robin | 2011 | 2010 | Total liablities | 298‚278 |
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Familiarity Bias: The Potent Cognitive Bias The great oracle Wiki says Familiarity bias is a “rule of thumb” that people like you and I use when forming a judgement‚ decisions or beliefs – Sounds all highbrow and impressive but leaves you scratching your head‚ wondering at the meaning‚ doesn’t it? To make understanding easier‚ let’s begin with an example; You are working in a corporate office for years. You are stagnating in the job. You know that you can find a better job with your experience
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Chris Smith Prof. Jones Business Strategy 15 April 2015 Chipotle: Mexican Grill Analysis Introduction Chipotle Mexican Grill is a major restaurant in the category of “fast casual food‚” which is a 4% makeup of the total restaurant industry. Chipotle saw tremendous growth since its initial public offering in 2006‚ going from stock prices of $45 a share‚ all the way to prices of $302.96 in 2012. However‚ Chipotle has seen its share of downturns over the year and may be in danger of a downward trend
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