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CMG Chipotle Mexican Grill Inc

3,198.50
86.53 (2.78%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Chipotle Mexican Grill Inc NYSE:CMG NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  86.53 2.78% 3,198.50 3,199.99 3,120.37 3,130.00 336,367 00:58:17

Chipotle's Back-to-School BOGO Deal Earns An A+

20/08/2018 9:01pm

PR Newswire (US)


Chipotle Mexican Grill (NYSE:CMG)
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From Apr 2019 to Apr 2024

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DENVER, Aug. 20, 2018 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) is kicking the school year off right, serving the most burritos and bowls they ever have in one weekend. Driven by Saturday's back-to-school BOGO offer, the company saw the busiest weekend in the company's history, and had the most entrees served on a Saturday with chart-topping demand for burritos and bowls.

"We already knew Chipotle was a fan-favorite among students of all ages, but the demand we saw this weekend was staggering," said Chris Brandt, chief marketing officer at Chipotle. "Strong redemptions across both digital and in-restaurant orders is a testament to customers' desire for real ingredients, real cooking and real flavor – and we were happy to please their palates as we round out the summer and head into a new school year."

Out of 1.9 million entrees served, chicken bowls were the most frequently ordered menu item on Saturday. Additionally, more than 600,000 portions of guacamole were served and employees across the country smashed 256,000 pounds of avocados. The promotion was highly popular among college students, with restaurant locations in university towns showing the strongest week-over-week increases. Demand among college students was strongest at locations serving Penn State University, Central Michigan University and the University of Missouri.

This weekend's success comes on the heels of an already strong summer of promotions for Chipotle. The company had its highest recorded digital sales day in company history on National Avocado Day, and experienced almost a 700 percent increase in delivery orders during a promotion to celebrate the expanding, and ongoing, partnership with DoorDash, which ensures that Chipotle fans can get the food they love quickly and easily, whether that's in-restaurant or online.

ABOUT CHIPOTLE

Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without added colors, flavors or other additives. Chipotle had more than 2,450 restaurants as of June 30, 2018 in the United States, Canada, the United Kingdom, France and Germany and is the only restaurant company of its size that owns and operates all its restaurants. With more than 70,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices. Steve Ells, founder and executive chairman, first opened Chipotle starting with a single restaurant in Denver, Colorado in 1993. For more information or to place an order online, visit WWW.CHIPOTLE.COM.

Chipotle Mexican Grill Logo (PRNewsfoto/Chipotle Mexican Grill)

 

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/chipotles-back-to-school-bogo-deal-earns-an-a-300699703.html

SOURCE Chipotle Mexican Grill

Copyright 2018 PR Newswire

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