Newport Beach, Calif. -Expand an increase in the number of drive-thru riding strips, called chipotlanes and innovations in the kitchen area at Chipotle Mexican Grill this year. Managers also remain aware of any potential rates and remain purchasing from different countries.
Chipotle On 4 February, financial results for the tax year ending on December 31, 2024, including various clear places. The comparable sale of restaurants increased by 7.4%. The net result of $ 1.53 billion, equal to $ 1.12 per share on the ordinary shares, rose by 14% of $ 1.23 billion, or 89 ¢ per share, in the previous year, and the turnover increased by 15 % up to $ 11.31 billion out of $ 9.87 billion.
In February, Global News focused on tariff wars between the United States, Mexico, Canada and China.
“We find about 2% of our turnover from Mexico, including avocados, tomatoes, limes and peppers, and less than 0.5% of our turnover from Canada and China,” said Adam Rymer, Chief Financial Officer for Chipotle, in a February In a February 4 profit call. “If the recently announced rates come into effect, this would have a continuous impact of around 60 basic points on our selling costs.”
Scott Boatwright, Chief Executive Officer, said that Chipotle also sources from Colombia, Peru and the Dominican Republic. About 50% of the avocados of the restaurant chain come from Mexico, he said.
“So our Supply Chain team has done remarkable work in recent years with supplier diversification and moving a country of origin from Mexico,” he said.
In 2024, Chipotle opened 304 company restaurants, including 257 with a Chipotlane, which brought the total number of chipotle restaurants with a chipotlane to 1,068. Chipotle had 3,276 total restaurants towards the end of 2024. Chipotle in 2025 expects to open 315 to 345 new restaurants in the company, with more than 80% with a chipotlane.
“On average, the Chipotlane takes less than 30 seconds to complete the order pickup process,” said Boatwright. “The extra convenience has been incremental because chipotlanes continue to generate better income, margins and returns than non-chipotlanes that have been opened at the same time. It can also be seen in the mix of things, because chipotlanes have a larger pick -up mix, usually compensated by a lower delivery mix. “
Rates involving Mexico can affect how much chipotle Mexican grill pays for avocados.
| Photo: © pixel-shot-stock.adobe.comTo improve the preparation process in the kitchen, Chipotle produces slicers in the restaurants.
“Fresh chopped products in our restaurants is the key to maintaining our high culinary standards every day, but it is also one of the most time -consuming tasks,” said Boatwright. “The slicer improves the experience for our team members by reducing the time to chop the products and improve the culinary by ensuring consistent cutting sizes.”
Other preparation innovations are a double -sided plancha (a tray in an oven), a rice cooker and a double back fryse.
“As a reminder, the double sided plancha, the chicken and steak cooks in less than half the time that the traditional plancha takes with the same scorching and char and better consistency and juiciness,” said Boatwright. “The new rice cooker eliminates the large rice pots and cooks the rice in the pans you see on the line, creating more consistent quality and streamlining the rice cooking process, and the double back fryer doubles the capacity for frying our chips, as a result in, as a result in Better quality and reducing the time it takes and at the same time ensures consistent availability.
“Based on the first results, we have decided to roll out all four devices to new restaurant openings that start later this year, and as we gain more data and insights into this initiative, we will determine whether and how we roll out broader to existing Restaurants. “
In the fourth quarter of Chipotle, the net income of $ 332 million or 24 ¢ rose by 12% compared to $ 282 million, or 21 ¢ per share. Turnover increased by 13% to $ 2.85 billion of $ 2.52 billion.
In its prospects for Fiscale 2025, Chipotle expects a comparable comparable revenue growth of the restaurant in percentages with a low to middle single figure.
“Compositions have been volatile so far in 2025, where it again had a greater impact on our sale than what we experienced last year,” said Rymer. “Although we believe that underlying transaction trends are healthy and we have a strong plan for the year, we gradually compare harder compositions in the first half of the year and therefore our leadership to low to middle single-figure comp. “