Chipotle's portion sizes can vary by up to 87%, analysis finds [Yahoo! Finance]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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Source: Yahoo! Finance
TikTok users, including influential food reviewers, have been sharing images of skimpy looking helpings, claiming they get bigger meals when they film workers putting their orders together. Attempting to put the "weight debate" to rest, analysts at Wells Fargo recently ordered and weighed 75 identical burrito bowls from eight Chipotle locations in New York City, with half ordered online and half in-store. Their findings: The consistency of Chipotle's portions "varied widely," with some locations selling bowls with identical orders that weighed roughly 33% more than other outlets, Wells Fargo analysts said in a research note. The heaviest bowls weighed as much as 87% more than the smallest ones, they found. "Order consistency remains an opportunity," the Wells Fargo analysts stated of Chipotle, which opened in Denver in 1993 and now operates more than 3,400 fast-casual restaurants across North America. Chipotle dismissed the notion that it had changed its policy on serving size
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News
- Should You Buy Into Chipotle's 50-for-1 Stock Split? Maybe... [Yahoo! Finance]Yahoo! Finance
- Are Chipotle portions really shrinking like complaining customers say? An expert weighs in [Yahoo! Finance]Yahoo! Finance
- Chipotle (CMG) Stock Surges 35% YTD: What's Next for Investors? [Yahoo! Finance]Yahoo! Finance
- Wells Fargo analysts 'weigh in' on Chipotle portion sizing after restaurant chain faces backlash online [FOX Business Network]FOX Business Network
- If You'd Invested $1,000 in Chipotle Mexican Grill Stock 5 Years Ago, Here's How Much You'd Have Today [Yahoo! Finance]Yahoo! Finance
CMG
Earnings
- 4/24/24 - Beat
CMG
Sec Filings
- 6/14/24 - Form 4
- 6/13/24 - Form 144
- 6/10/24 - Form SC
- CMG's page on the SEC website