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Chipotle
By Zachary Weinberger (zweinbe)
Problem
Food quicklyWant
Fresh and healthy ingredientsWant
Restaurant quality foodWant
Products
•Burritos?
Products
•Cage Free Poultry
•GMO Free Foods
•Locally Farm-grown Vegetables
Persona
Laura
•24-Year-old Millennial
•College Graduate
•Likes to cook at home
Finances
Same-Store Sales
PE/Ratio
Business
Model
2018 Future
History
Founded
1993
McDonald’s
invests
2001
IPO
Jan 2006
McDonalds
divests
Oct 2006
E-Coli
Outbreak
Nov 2015
Steve Ells
steps down
Nov 2017
Brian Niccol
new CEO
Mar 2018
Leadership
Steve Ells
•Founder and CEO until Nov 2017
•Art History Degree and Culinary
Institute
•Line Chef
Brian Niccol
•Current CEO
•MBA from UChicago
•Worked for Yum! And Taco Bell
Secret Sauce
•Food With
Integrity
•Efficient
Conveyor System
What’s Hot
• New Menu
Item
• Only 4th Time
• Limited Offer
Competition
Lots!
Prediction
Success! Innovation
•New Food
•Technology
•Frictionless Experience
References
• https://www.fool.com/investing/2019/11/03/why-chipotle-is-plummeting-despite-
crushing-earnin.aspx
• https://www.cnbc.com/2019/07/23/chipotle-earnings-q2-2019.html
• https://www.fool.com/investing/2017/07/25/the-most-important-chart-for-chipotle-
mexican-gril.aspx
• https://www.reuters.com/article/us-chipotle-results/chipotles-online-shift-fuels-highest-
sales-growth-in-two-years-idUSKCN1UI2P4
• https://www.thebalancesmb.com/history-of-chipotle-mexican-grill-3973222
• https://www.qsrmagazine.com/reports/how-chipotle-got-its-groove-back
• https://articles2.marketrealist.com/2014/12/chipotles-customers/
• https://www.ijser.org/researchpaper/Chipotles-Strategic-Marketing.pdf
• https://www.marketwatch.com/story/chipotles-carne-asada-supply-is-running-low-
bringing-the-limited-time-offer-to-an-early-end-2019-10-24

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Chipotle

Editor's Notes

  1. 23 billion dollar market cap
  2. Online shift fuels highest sales growth in two years Online only options with lifestyle bowls 18.2% of revenue up from 15.7% in the last quarter
  3. Steve Ells becomes chairman after stepping down