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With a market cap of $47.3 billion, Chipotle Mexican Grill, Inc. (CMG) is one of the world’s largest fast-casual restaurant chains, best known for its customizable burritos, bowls, tacos, quesadillas, and salads. It owns and operates Chipotle Mexican Grill locations, offering Mexican-inspired foods like burritos, tacos, and bowls made with responsibly sourced ingredients. The California-based company also provides digital ordering through its website, mobile app, and delivery platforms, with operations across the United States and several international markets.
CMG stock has dropped 12.2% over the past year, trailing the S&P 500 Index ($SPX), which has rallied nearly 18.7%. In addition, shares of the company are up marginally on a YTD basis, compared to SPX’s 12.1% increase.
