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This statistic highlights Chipotle’s Total Number of Restaurants, reported on a quarterly basis from Q1 2016 onwards.
|Number of Restaurants||Q1 2020||Q2 2020||Q3 2020||Q4 2020||Q1 2021||Q2 2021||Q3 2021||Q4 2021|
|Total Store Count||2,635||2,666||2,706||2,764||2,803||2,849||2,888||2,962|
(all figures are in absolute terms)
As of December 31, 2021, Chipotle Mexican Grill owned and operated 2,918 Chipotle stores throughout the United States, 44 international Chipotle stores, and four non-Chipotle stores. Chipotle’s total store count kept on increasing with each passing quarter. It increased from 2,764 in Q4 2020 to 2,962 in Q4 2021, marking a growth of 7.16% on a year-on-year basis. In addition, it also grew by 2.56% on a quarter-on-quarter basis, from 2,888 in Q3 2021 to 2,962 in Q4 2021. The restaurant count of the company stood ate 2,066 in Q1 2016. Over the course of 6 years, the number of restaurants operated by the company has witnessed an increment of 43.37%, from 2,066 in Q1 2016 to 2,962 in Q4 2021.
In 2020, Chipotle Mexican Grill Incorporation’s total store count stood at 2,635 in Q1 2020, which increased slightly to 2,666 in Q2 2020, indicating a rise of 1.17%. Further, it increased to 2,706 stores in Q3 2020, witnessing a growth of 1.50% on a quarterly basis, from 2,666 restaurants in Q2 2020. Total store count was recorded at 2,764 for Q4 2020, making an increment of % from 2,706 in Q3 2020.
In 2021, the restaurant count went up from 2,764 in Q4 2021 to 2,803 in Q1 2021, witnessing a rise of 1.42%. During Q2 of the fiscal year 2021, Chipotle Mexican Grill owned 2,849 stores, which was a marginal incline of 1.64% as compared to 2,803 in Q1 2021. In Q3 2021, it rose to 2,888 stores, which was a rise of 1.36% as compared to 2,849 restaurants in Q3 2021. For the latest quarter of 2021, i.e, Q4 2021, total store count stood at 2,962, indicating a notable growth of 2.56% on a quarterly basis, from 2,888 in Q3 2021. For the full year 2021, the company opened 215 new restaurants, which included 174 restaurants with a Chipotlane. It expects to open approximately 235-250 new restaurants in 2022, including five to 10 relocations, of which it is targeting 80% with a Chipotlane.
Chipotle Mexican Grill Inc. is a Delaware corporation, which owns and operates Chipotle Mexican Grill restaurants, together with its subsidiaries, which feature a relevant menu of burritos, burrito bowls (a burrito without the tortilla), quesadillas, tacos, and salads. It runs a chain of fast-casual restaurants in United States, United Kingdom, Canada, Germany, and France. In 1993, the first Chipotle restaurant was established in Denver, Colorado. Over 25 years later, the devotion to seek out high-quality ingredients, built with the due respect for animals, farmers, and the environment, remains the top-most priority and at the core of the commitment of the company to provide Food With Integrity.
During 2021, Chipotle Mexican Grill completed several company initiatives which contributed to sales growth. These initiatives comprise the launch of cauliflower rice in January 2021, digital launch of quesadillas in March 2021, and smoked brisket in September 2021. Additionally, in June 2021, they enhanced their loyalty program, Chipotle Rewards, by introducing new redemption options and personalized offers primarily targeted at new and at-risk customers. Chipotle Mexican Grill aims to develop a better world by serving responsibly sourced, classically cooked, real food with wholesome ingredients and without the use of artificial colors, flavors or preservatives. They are passionate about providing a great guest experience and making their food more accessible to everyone while continuing to be a brand with a demonstrated purpose. It is a public company whose stocks traded under the ticker CMG on New York Stock Exchange (NYSE).
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