(1) Sales, Sales Growth (Hint: Use Revenue Line)
Sales Amount in USD; Growth in percentage. | 2008 | 2009 | 2010 | 2011 | 2012 | SALES | 1,331,968,000 | 1,518,417,000 | 1,835,922,000 | 2,269,548,000 | 2,731,224,000 | SALES GROWTH | ------ | 13.99 | 20.91 | 23.61 | 20.34 |
(2) Gross Margins (Hint: Restaurant Operating Costs Lines for COGS)
Gross Margin = (Sales – COGS) / Sales; Expressed in % | 2008 | 2009 | 2010 | 2011 | 2012 | SALES | 1,331,968,000 | 1,518,417,000 | 1,835,922,000 | 2,269,548,000 | 2,731,224,000 | COGS | 1,045,041,000 | 1,139,898,000 | 1,346,517,000 | 1,680,321,000 | 1,990,884,000 | SALES-COGS | 286,927,000 | 378,519,000 | 489,405,000 | 589,227,000 | 740,340,000 |
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The high sales growth can be attributed to increasing SSS (same store sales) and also opening of new stores. The company is enjoying financial growth and high profitability as seen from ROS, ROA and ROE. All the ratios are showing an average upward trend and that too, over a period of several years. As far as liquidity is concerned, the company is extremely liquid and is enjoying a quick ratio of more than 2. So, it is able to easily meet its short term debt obligations and currently faces no financial difficulties. As far as inventory is concerned it is a very small part of the liquidity and thus does have any significant effect on liquidity.
The D/A ratio are more or less stable for the period and only a quarter of total assets are financed by creditors. As far as D/E ratio, the company is careful to keep its interest expenses down and instead of pursuing an aggressive growth policy and putting everything at stake it is following a balanced approach by keeping it around 35% over the period.
The company is highly effective more than thrice the amount of money locked up in Total Assets for 2012, which shows how efficient the company is and how effectively it is using its assets to generate sales.
The company’s financial statements appear to be quite clear and strong as compared to the industry. Still the operating costs are high but average as compared with the industry. The reasons behind the prices might be the high cost of commodities,
Where and when did you observe the behaviors? Who made the observations? On 1/28/16, En-Lei observed inside of Chipotle. On 1/29/16 and 1/30/16, Matt observed across the street from Chipotle. On 2/1/16, Dana observed from a window across from Chipotle in the lobby of the Huntington Hall. On 2/2/16, John observed across the street from Chipotle. What behavior categories did you observe? How did you define each behavior category? We observed the outwardly happiness or unhappiness of individuals leaving Chipotle during lunch hours. We defined outwardly happiness as the smiling of each individual leaving Chipotle and unhappiness as the lack of a smile. When and how did you make observations? We used the frequency method of observation during lunchtime
One of the biggest epidemics that hit the seen this year is the ongoing e-coil scare that involves six states and 45 people with the fast growing Mexican food chain Chipotle. Currently the Center for Disease Control Prevention has tracked a serious strand of e-coil, to a common meal item or ingredient served at Chipotle Mexican Grill restaurants in several states. Out of those 45 people that have came in contact with the strand of e-coil 16 of them have been hospitalized due to the severeness of the strand. This epidemic can be categorized as being serious do to the fact that it has spread over many states and yet it has not been pinpointed to a specific cause.
Chipotle Mexican Grill is a fast food restaurant that opened its doors in 1993. They specialize in serving a focused menu of several Mexican foods which are made with only high-quality ingredients and are priced reasonably. They also serve their dishes fast and in a restaurant, unlike most fast food restaurants, as it is aesthetically pleasing and has good interior design.
1 a) Do you think CMG ought to consider an advertising campaign? Why or why not? If so, what should be the focus of the ads? Celebrity endorsements, the humane treatment of animals in its beef, etc…?
Chili's Grill & Bar in Plano, Texas is well-known for amazing lunch combos and an extensive menu that is sure to please everyone that visits. The dinner for two menu is quite popular as well as the craft burgers, lighter choices and famous "Fresh Mex" bowls. The two smokehouse combos are the newest addition and will appease even the heartiest appetite. The creative and varied kids menu at Chili's Grill & Bar means a family meal will be enjoyable to all.
Chipotle Mexican Grill (NYSE: CMG) is a quick-service and casual Mexican-inspired restaurant chain based out of Denver, Colorado. The company takes pride in doing a few things exceptionally well: To serve high quality and delicious food quickly with an experience that not only exceeded, but redefined the fast food experience. Chipotle focuses on sourcing the best possible ingredients, serving the tastiest food, and growing the most capable team possible.
Chipotle Mexican Grill, Incorporated is a restaurant that offers Mexican food including burritos, tacos, burrito bowls (a burrito without the tortilla), salads, and more. The company has been in operations since 1993, starting out as one unit and growing to 1,300 units in over 46 states, the District of Columbia, Canada, and the United Kingdom in 2011. The restaurant served fast-casual food with a customizable menu. The restaurant prides itself on serving food made from scratch with wholesome, organic ingredients (Chipotle, 2016). Chipotle is a restaurant in the fast-casual dining industry, focusing on food sourced from sustainable farming practices including meat product that is responsibly raised in humane ways
This article is about how Chipotle was with a federal grand jury subpoena due to a connection with norovirus in a Simi Valley restaurant. There was outbreak of the norovirus and/or E. coli; thus causing many of the chain restaurants to temporarily shut down. Nearly a month after they reopened those restaurants almost 150 college students had a norovirus after eating Chipotle. Which in result is causing the FDA to use criminal sections on these food safety outbreaks.
Most advertisements are designed to sell a good or a service. The Scarecrow, a rather artistic advertisement from Chipotle Mexican Grill, has a similar aspiration. This advertisement, however, wants to sell the idea of Chipotle. The scarecrow’s path from supporting the devious industrial food corporation can be paralleled to the evolution of Chipotle’s business model. The United States is filled with industrial fast food restaurants that operate similarly to the Crow Foods Incorporated in the advertisement; they used mass produced animals that are exploited for their products. A well-known member of this system is McDonalds, who at one point owned Chipotle (Mathews). The idea behind Chipotle is practically the opposite of McDonalds: it
Los Arroyos Mexican Restaurant serves up traditional eats and margaritas in a casual spot with a south-of-the-border feel. Guests can visit for lunch and dinner and enjoy a variety of foods, beer and spirits. With a focus on authentic, homemade recipes made with fresh ingredients, owner Tony Arroyo and his crew strive to provide visitors with a memorable experience every time they visit.
The contract between Chipotle Mexican Grill Inc. and a customer occurs when the customer starts his or her order with the server. It is finalized once the last ingredients are placed onto the food and the final transaction price is determined. The contact is that the customer must pay that final transaction price in order to receive the food. Both single and multiple performance obligations could occur during revenue recognition process. For Chipotle Mexican Grill Inc., a single performance obligation would be an order of one product, such as a salad without adding other foods with additional expenditure. The transaction price is determined based on this single order. There is no allocation cost needed for single performance obligation, also
Steve Ells is the founder and CEO of Chipotle. Steve is a trained chef and opened his first Chipotle store in 1993 at a former Dolly Madison ice cream store in Denver, Colorado. His goal was to serve high quality, delicious food quickly and in a “fast-casual” setting (Ells).
There is a point in the D/E ratio (usually high) where holders of the risky debt begin to bear part of the firm's operating risk. This happens because as the company acquires more debt, more of that risk is relocated from stockholders to bond holders.
The market environment consists of both the macro environment and the micro environment. On macro environment the firm need to follow it and they can’t to control it. It consist variety of external factors that is economic, social, political, legal and technological. In the macro environment the firm should analyze national political issues, culture and climate, key macroeconomic conditions, health and indicators (such as economic growth, inflation, unemployment, etc.), social trends/attitudes, and the nature of technology's impact on its society and the business processes within the society. The microenvironment refers to the internal environment of the company such as consumer/customer, Supplier, competitors, the media (public) and in
The capitalization ratio compares the debt portion of the company’s capital structure and the equity part and is expressed in percentage terms. While evaluating company, keep in mind that a lower percentage means a healthy equity and is more desirable.