Chipotle Mexican Grill (CMG) FY 2025 10-K Key Highlights (Filed 2026) | Explained for Beginners
1. What the Company Does Chipotle Mexican Grill is a large U.S. fast-casual restaurant company focused mainly on company-operated locations. “Company-operated” means it runs its own restaurants instead of relying heavily on franchisees. The business makes most of its money from food and beverage sales, with a smaller contribution from delivery-related fees. Its core model
