chipotle dessert 2021 chipotle dessert 2021

Browse all Chipotle Mexican Grill restaurants in New York, NY to enjoy responsibly sourced and freshly prepared burritos, burrito bowls, salads, and tacos. However, despite its past failures, the company remains committed to finding that perfect sweet treat to suit its menus. (8) Primarily relates to the tax benefit from the federal net operating loss generated on our federal income tax return and carried back to prior years. Entries made by any other individual or any entity, and/or originating at any other wireless number, including but not limited to commercial sweepstakes subscription notification and/or entering service sites, will be declared invalid and disqualified for this Sweepstakes. "Average restaurant sales, excluding In 2021, Chipotle Mexican Grill achieved its goals for filling manager positions with internal promotions; tracking spending with minority-owned suppliers; and maintaining racial and gender pay. Chipotle now has a plan to add dessert options to its menu. Our financial strength gives us the opportunity to make on-going strategic investments in our people, business, and communities, which we believe will benefit us for years to come. Lots of breakfast, lunch, dinner, snack, and add-on options available. Inclusion in such drawing shall be each entrants sole and exclusive remedy under such circumstances. 5. The increase was due primarily to elevated inflation on beef and freight, and to a lesser extent, avocado costs that more than offset the leverage from menu price increases. Digital sales grew 133.9% year over year to $869.8 million and represented 50.1% of sales. Adjusted general and administrative expense is general and administrative expense excluding transformation expenses, stock-based compensation modification expense, and certain other costs. These Mexican recipes are perfect for any occasion! Except as otherwise contemplated in these Official Rules, and to the extent entrants may otherwise elect at the time of entry, personal information collected by Sponsor in connection with the Sweepstakes will be used in accordance with Sponsors privacy policy located at https://www.chipotle.com/about-us/privacy-policy. Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. closures announced in June 2018 due to the corporate restructuring and underperformance of $1,400 and employee related The pickles on the sandwich gave a nice crunch.The salt and pepper brioche bun was soft and fresh and complemented the brisket perfectly.. But the emphasis on efficiency has led the brand to avoid chasing certain trends in the fast food worldand that might be why you never see dessert on Chipotles permanent menu. NEWPORT BEACH, Calf., Feb. 8, 2022 /PRNewswire/ -- Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its fourth quarter and fiscal year ended December 31, 2021. Chipotle Mexican Grill Menu and Prices - Menu With Price Menu With Price Menu Chipotle Mexican Grill Menu Chipotle Mexican Grill Menu and Prices 4.2 based on 795 votes Order with Chipotle Mexican Grill Nutrition Facts Mexican Southwestern Choose My State #SpoonTip: Wear tight long sleeves when making buuelos to avoid burning from frying oil. The tax benefit is due to the federal income tax rate differential between the 2021 and 2020 rate of 21% and the 2015-2017 rate of 35%. These formats continue to perform very well and are helping enhance guest access and convenience, as well as increase new restaurant sales, margins, and returns. Like the rest of us, Chipotle kicked off 2021 with a health-forward mindset. A Mexican chocolate shake? $570,000 Last Sold Price. The Quesarito The Burritodilla Nachos Quesadilla Single Taco Double Wrapped Burrito FREE Fajita Veggies Extra Shells Mix and Match Fresh, FREE Cilantro The Quesarito This behemoth takes the already-engorging burrito and wraps it with a gooey quesadilla outer layer. Further details regarding these adjustments are included in the tables below. 6. Nearby homes similar to 10971 Chipotle Ave have recently sold between $485K to $570K at an average of $255 per square foot. That doesnt mean that it wont make further appearances eventually, but quesadillas (which were introduced at the same time as the milkshake) evidently took priority, joining the nationwide menu in 2021. As of today, Chipotle has begun testing its newest menu itema dessert! GENERAL PRIZE CONDITIONS: The prize will be awarded only if the potential prize winner fully complies with these Official Rules. Until 03/06/2023. Sponsor reserves the right in its sole discretion to disqualify any individual who is found to be tampering with the entry process or the operation of the Sweepstakes, to be acting in violation of these Official Rules, or to be acting in an unsportsman-like or disruptive manner, or with the intent to disrupt or undermine the legitimate operation of the Sweepstakes, or to annoy, abuse, threaten or harass any other person, and Sponsor reserves the right to seek damages and other remedies from any such person to the fullest extent permitted by law. No cash alternative or substitution of prizes will be allowed, except Sponsor reserves the right in its sole discretion to substitute prize(s) of comparable value if any prize listed is unavailable, in whole or in part, for any reason. Wendys is launching a new strawberry Frosty flavor. As of December 31, 2021, Chipotle continues to maintain a strong financial position with $1.4 billion in cash, investments and restricted cash, and no debt. The Sponsors database clock will be the official time-keeper for this Sweepstakes. We opened 78 new restaurants during the fourth quarter with 67 (or 86%) including a Chipotlane. It turns out that Chipotle has dabbled in dessertthough only internally. Unfortunately, none of the desserts took off. By participating in the Sweepstakes, each entrant unconditionally accepts and agrees to comply with and abide by these Official Rules and the decisions of CMG Strategy Co., LLC, 610 Newport Center Drive, Suite 1400, Newport Beach, California, 92660 (Sponsor), which shall be final and binding in all respects. But the lack of a dessert has also not gone unnoticed. A PURCHASE WILL NOT IMPROVE YOUR CHANCE OF WINNING. Starting pay for hourly crew members will range . The naan flatbread is $8, and we remember the flatbread being delicious, but the chipotle hummus might be a bit much for you if you don't enjoy spice. If a dispute as to the identity of the individual who actually submitted an entry cannot be resolved to Sponsors satisfaction, the affected entry will be deemed ineligible. The new location is soon opening in Ohio . For the year ended December 31, 2020, stock-based compensation consists of a March 2020 modification associated with the departure of our former Executive Chairman primarily related to his 2017 agreement of $1,485, and costs of a COVID-19 related modification made in December 2020 to our 2018 performance shares of $466. Excluding the impact of modification expenses related to our 2018 PSUs, legal expenses, corporate restructuring, restaurant asset impairment, and certain other costs, adjusted net income for 2021 was $724.8 million and adjusted diluted earnings per share was $25.42. GENERAL LIABILITY RELEASE/FORCE MAJEURE: Each entrant (and any minor entrants parent or legal guardian) agrees that the Sweepstakes Entities (A) shall not be responsible or liable for, and are hereby released from, any and all costs, injuries, losses or damages of any kind, including, without limitation, death and bodily injury, due in whole or in part, directly or indirectly, to participation in the Sweepstakes or any Sweepstakes-related activity, or from entrants acceptance, receipt, possession and/or use or misuse of any prize, and (B) have not made any warranty, representation or guarantee express or implied, in fact or in law, with respect to any prize, including, without limitation, to such prizes quality or fitness for a particular purpose. Chipotle Guacamole (Copycat) made with the authentic Chipotle recipe including lime juice, cilantro, red onions and jalapeos takes guacamole to a new level at home in 15 minutes! Autor de la entrada Por ; car dual mechless multimedia receiver with bluetooth installation Fecha de publicacin junio 9, 2022; news source and information credibility definition ap gov . Photo: Constantine Spyrou // Foodbeast. "So we radically transformed the business model to avert ruinous losses," Biglari said. Smoke for 24-48 hours, until very dry. We also have access to a recently refinanced $500 million untapped credit facility with which to continue to navigate this crisis. Restaurant level operating margin was 20.2%, an increase from 19.5% in the fourth quarter of 2020. For more information or to place an order online, visit WWW.CHIPOTLE.COM. I like the place, But it's not very welcoming. The GAAP effective income tax rate was 19.7% in 2021, compared to negative 21.1% in 2020. Chipotle has reconfigured 12 existing restaurants to add a drive-thru, and the company revealed that those locations are experiencing an increase in sales. Maybe that was bad timing to roll out a flashy new menu itemit could have come across as a desperate ploy to lure back skittish customers. More From CouponFollow Access our guides, research, and other resources. In fact, Chipotle CEO Brian Niccol is so pleased with the new product that he touted its performance as outstanding and the chains most popular protein to date. He even went as far as to give pollo asado the credit for Chipotle exceeding revenue expectations in the second fiscal earnings quarter of 2022. Given its history of new menu items bombing, the more time they take to fully develop and test a possible new option the better. Chipotle Coupons and Promo Codes for March. Although, it will likely be some time before customers see any new items, desserts or otherwise, pop up. We have implemented and enhanced numerous protocols that give our employees and guests confidence that Chipotle remains steadfast in our commitment to keep them safe as in-restaurant ordering and dining increases. We present these non-GAAP measures in order to facilitate meaningful evaluation of our operating performance across periods. Reconciliations to GAAP measures and further information are set forth in the table at the end of this press release. The stage-gate process mentioned above just refers to the multi-step approach to bringing any menu item to life. GAAP and non-GAAP general and administrative expenses for the fourth quarter of 2021 also include $99.9 million of underlying general and administrative expenses,$29.7 millionof non-cash stock compensation,$1.8 million related to higher bonus accruals as well as payroll taxes on equity vesting and stock option exercises, and $1.4 million related to the upcoming all-manager conference. CHIPOTLE ANNOUNCES FOURTH QUARTER AND FULL YEAR 2021 RESULTS, FY21 TOTAL REVENUE INCREASED 26.1% YEAR-OVER-YEAR TO $7.5 BILLION, TOTAL NORTH AMERICAN OPPORTUNITY EXPANDED TO 7,000 RESTAURANTS WITH ANNUAL UNIT GROWTH OF 8% TO 10%, For further information: PR, Laurie Schalow, (949) 524-4035, MediaRelations@chipotle.com; IR, Ashish Kohli, CFA, (949) 524-4132, Akohli@chipotle.com. 8. (4) Costs for recruitment, relocation costs, third party and other employee-related costs. Management believes restaurant level operating margin is useful to investors in that it highlights trends in our core business that may not otherwise be apparent to investors when relying solely on GAAP financial measures. Even without dessert or other new add-ons, Chipotle's sales are growing. Chipotle opened 56 locations in Q2. 10. The increase in the tax rate was primarily due to the tax benefit booked last year for the 2020 federal net operating loss generated and carried back to prior years, as well as the proportionality of the excess tax benefits from equity vesting and exercises relative to profit before tax in each respective year. "Chipotle is off to a great start in 2021 thanks to our employees and their incredible level of collaboration and tireless dedication," said Brian Niccol, Chairman and CEO, Chipotle. Some of these include buuelos, a flat fried fritter topped with honey, sugar, cinnamon and served with an apple dipping sauce, and a Mexican Chocolate Shake. Executive Chairman primarily related to his 2017 agreement. (1) Operating lease asset impairment charges, and other expenses for restaurants due to underperformance. Cook on both sides for 4-5 minutes or until golden brown. For event catering, food for friends or just yourself, Chipotle offers personalized online ordering and catering. The decrease was primarily due to the benefit of menu price increases, and to a lesser extent, a mix shift towards higher margin proteins and lower waste. A couple of items have been trialed in this category over the past few years, however, we arent ready to push anything through the official stage gate process yet, detailed Brandt via CNN. Food, beverage and packaging costs were 30.6% of total revenue, a decrease of 170 basis points compared to 2020. "Starting in 2021, the company became profitable once again.". Ft. 11516 Desert Hollow Ave, Las Vegas, NV 89138. Net income for the first quarter was $127.1 million, or $4.45 per diluted share, an increase from $76.4 million, or $2.70 per diluted share, in the first quarter of 2020. These Official Rules cannot be modified or amended in any way except in a written document issued in accordance with law by a duly authorized representative of Sponsor. When White Castle put the first nationally . As they dry, they shrink and some may drop through the grates, so double the racks. (in thousands, except per share amounts) The total ARV of all prizes awarded in the Sweepstakes is Two Hundred and Ten Thousand Dollars ($210,000.00). The thing is, however, it has no idea what that dessert will be. To understand Chipotles lack of sweet stuff, we must zoom back to the years 1998-2005, the era in which McDonalds was a major investor in Chipotle. The chain's sales were up by 34% in 2021, compared to 2019 , making Chipotle the tenth-largest restaurant chain in the U.S. Popular fast-casual Mexican food chain Chipotle is currently super focused on luring in new customers as of late. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES, Adjusted Net Income and Adjusted Diluted Earnings per Share, Operating lease asset impairment and other restaurant costs(1), Operating lease asset impairment and other office closure costs(3), Stock-based compensation modification expense(6), Diluted weighted-average number of common shares outstanding. First quarter highlights, year over year: 1Adjusted net income and adjusted diluted earnings per share are non-GAAP financial measures. However, following its debut, a flurry of social media backlash erupted that accused the chain of the offensive act of rainbow washing. Chipotle isnt just exploring desserts to possibly put on its menu, but it wants to increase its side dish options, too. In order to wring the most value out of its investment, McDonalds spent years encouraging Chipotle to adopt certain fast food conventions, recommending (among other things) drive-thru lanes and a breakfast menu. The following provides a reconciliation of non-GAAP financial measures presented in the text above to the most directly comparable financial measures calculated and presented in accordance with GAAP. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES, Adjusted General and Administrative Expenses, Stock-based compensation modification expense(2), Adjusted general and administrative expenses. | Published 9 months ago. Variety of meal plans for different lifestyles and dietary needs (including diabetes) Satisfying portions in both meal kits and premade meals. Yield 8 servings Prep Time 5 minutes Cook Time 0 minutes Total Time 5 minutes Course Sauce Cuisine Mexican Author Sabrina Snyder Rate Ingredients US Customary Metric TELL ME BEST connects users to the best things in life by delivering product information, reviews, and news. 2. Our ability to track our ingredients from supplier to restaurant at the lot code level is a powerful tool supplementing our food safety program. Chipotle Restaurant Menu for Desserts. Here's what a representative for Chipotle told The Takeout via email (emphasis ours): Over the past four years, we have tested a handful of dessert items, however, nothing has passed the stage-gate process for a national rollout yet. (7) For the three months ended December 31, 2020, other adjustments consist of an asset impairment charge related to digital technology of $833 and consulting fees of $666 for assistance with the calculation of our non-recurring tax benefit. Save up to 10% with these current Chipotle coupons for March 2023. Now, Chipotle is pivoting its attention toward bolstering its menu. A portion of the desserts that it serves include buuelos, Chocolate Chipotle cake, etc . The buuelos, meanwhile, flopped after being introduced regionally in 2017. Though Chipotle eventually did adopt drive-thru lanes of a sort, it was years after McDonalds fully divested from the company. Chipotle will be one of them. Sponsor makes no warranties, and hereby disclaims any and all warranties, express or implied, concerning any prize furnished in connection with the Sweepstakes. We may earn a commission from links on this page. The call will be webcast live from the company's website on the investor relations page at ir.chipotle.com/events. Please reply to this text to complete the process. Chipotle Hello 2021! SHARE It's For Real! Chipotle will host a conference call to discuss first quarter 2021 financial results on Wednesday, April 21, 2021, at 4:30 PM Eastern time . Toss in cinnamon and sugar Enjoy! Chipotle Is Testing a Plant-Based Version of Chorizo. 2021 and December 31, 2020, respectively, Common stock, $0.01 par value, 230,000 shares authorized, 36,936 and 36,704 shares issued as No mechanically reproduced, illegible, incomplete, forged, software-generated or other automated multiple entries will be accepted. CHIPOTLE MEXICAN GRILL, INC.RECONCILIATION OF NON-GAAP FINANCIAL MEASURES. Chips. By sending a text message to the Short Code, each participant agrees to receive one (1) autodialed marketing message to the mobile number used to send the text message. TELL ME BEST may get a commissionfrom retail offers. The $43 collection sold out in less than four minutes. Each prize consists of one (1) Burrito Code. The cinnamon coating highlights the dessert as Chipotle boasts its use of a blended Indonesian and Vietnamese cinnamon to bring out a more. Chipotle Coupon Codes Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. Based on the success of small-town locations that are delivering unit economics at or better than traditional Chipotle locations, we provide the following update to our long-term development opportunity: Given the resurgence in COVID-19 cases during the fourth quarter due to the Omicron variant, the health and well-being of our employees and guests remains our top priority. Operating lease asset impairment and other restaurant costs(1), Operating lease asset impairment and other office closure costs(3), Stock-based compensation modification expense(5), Diluted weighted-average number of common shares outstanding. Let's go over three items that Chipotle is currently testing that have a shot at going national in 2021. This was partially offset by a net reduction in tax expense mostly related to the write-off of uncertain tax position reserves in 2021. This Sweepstakes is void where prohibited. For, (3) For the three months ended March 31, 2020, other adjustments consists of severance associated with the departure of our former, Do Not Sell or Share My Personal Information, California Transparency in Supply Chains Act, Privacy Policy, including California Privacy Rights, Comparable restaurant sales increased 17.2%, Digital sales grew 133.9% and accounted for 50.1% of sales, Restaurant level operating margin was 22.3%, an increase of 470 basis points, Opened 40 new restaurants and closed 5 restaurants, Given on-going uncertainty surrounding the future impact of COVID-19 on the broader US economy and any specific impact to our company, we are not providing fiscal 2021 comparable restaurant sales growth guidance, Around 200 new restaurant openings, which assumes minimal construction and permit delays related to COVID-19, An estimated effective full year tax rate between 25% and 27%. Adjusted net income is net income excluding expenses related to restaurant asset impairment, corporate restructuring, stock-based compensation modification expense, and certain other costs. Given the healthy and improving cash on cash returns, we are building a real estate pipeline that will allow us to accelerate unit growth to be in the range of 8% to 10% per year, with greater than 80% of new restaurants having a Chipotlane. The company announced its Q4 results Tuesday afternoon, which included a comp sales increase of 5.7%, a revenue increase of 11.6% and digital sales growth of 177.2% . We got a generous portion of brisket, and we loved the smoked cheddar flavor that accompanied the meat. pleasant grove high school / staff directory; dr omar suleiman wife esraa; ontario road trip summer; song baseball apple; waltham athletic club tennis schedule; chipotle dessert 2021. Restaurant level operating margin was 22.3%, an increase from 17.6% in the first quarter of 2020. Top the chicken with the olive oil, salt, pepper, lime zest, and lime juice. Drinks. General and administrative expenses for the fourth quarter were$159.8 millionon a GAAP basis, or$132.8 million2on a non-GAAP basis, excluding$18.0 million related to the proposed settlement of legal matters, $7.6 million for a COVID-19 related modification made in December 2020 to the 2018 performance shares, and$1.3 millionrelated to transformation expenses, restaurant closure costs and certain other costs. If you change your mind and wish to re-subscribe to receive future updates and newsletters from Chipotle, simply enter your email address in the form below. Recipe via a Mexican chica who's been making them longer than Chipotle. We repurchased $168.9 million of stock at an average price per share of $1,750 during the fourth quarter. Adjusted net income is net income excluding expenses related to restaurant asset impairment, corporate restructuring, legal proceedings, stock-based compensation modification expense, and certain other costs. Transfer the pork to a slow cooker. SPONSOR: CMG Strategy Co., LLC, 610 Newport Center Drive, Suite 1400, Newport Beach, California, 92660. Browse the latest coupon statistics and trends for 2021. We opened 215 new restaurants during the year, bringing the total restaurant count at year-end to 2,966. Beyond the investments made in our people, restaurants, and supply chain, we are closely following the recommendations of the CDC and local health departments. An archived webcast will be available approximately one hour after the end of the call. Step 2. Breville Barista Express Espresso Machine, McDonalds Shrinks Its Restaurant for the Digital Age. Does This Dr. Pepper Really Taste Like Bourbon? Thanks for subscribing to Chipotle mobile updates. The same logic might explain the dearth of sweet items available at Chipotle. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices. We use words such as "anticipate", "believe", "could", "should", "may", "approximately", "estimate", "expect", "potential", "intend", "project", "encouraged", "target", and similar terms and phrases, including references to assumptions, to identify forward-looking statements. 2 Heading corrected from the original issuance. The increase in total revenue was driven by a 15.2% increase in comparable restaurant sales and new restaurant openings. Most of the other major players in fast food have some sort of dessert offering, from McDonalds famous apple pies to Taco Bells cinnamon twists to Wendys Frosty to Chick-fil-As chocolate fudge brownies. As of March 31, 2021, Chipotle continues to maintain a strong financial position with nearly $1.2 billion in cash, investments and restricted cash, and no debt. on March 10, and the "beauty-inspired all-vegan entre" will be available on the . More information will be available in our Quarterly Report on Form 10-Q, which will be filed with the SEC by the end of April. The call will be webcast live from the company's website on the investor relations page at ir.chipotle.com/events. Face. The non-GAAP effective tax rate is the effective tax rate adjusted to reflect the tax effect of non-GAAP adjustments. NEWPORT BEACH, Calif., April 22, 2022 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today published its 2021 Sustainability Report Update, which showcases its efforts across People, Food. 1. The repurchase authorization may be modified, suspended, or discontinued at any time. On a non-GAAP basis, the 2021 first quarter effective tax rate was 18.5%. You should receive an email from us shortly asking you to verify your email address. SOLD FEB 21, 2023. Place peppers in the smoker. The Sponsors database clock will be the official time-keeper for this Sweepstakes. For the three months ended March 31, 2020, stock-based compensation consists of stock modification charges associated with the departure of our former Executive Chairman primarily related to his 2017 agreement. It's the first meat alternative the brand has offered since tofu Sofritos hit the menu in 2014. (5) For the three months ended March 31, 2021, stock-based compensation consists of a modification to 2018 performance shares. For the year ended December 31, 2021, other adjustments consist of asset impairment charges for equipment related to a discontinued restaurant initiative and certain corporate equipment of $850 and consulting fees associated with the calculation of our non-recurring tax benefit of $47. Contact Customer Service for additional support: https://chipotle.com/contact-us.html#report-an-issue. We believe several new menu items, effective marketing, and on-going strength in digital sales, as well as a tailwind from government stimulus payments to consumers contributed to first quarter revenue growth. In terms of drinks, we got the Chipotle-Pineapple Bourbon Sour.This drink includes bourbon, pineapple, and lime juices . Because of the care and quality of its food, Chipotle menu prices are usually more expensive than most other fast-food restaurants. Apple dipping sauce? Comparable restaurant sales began to moderate in the back half of December as the number of Omicron cases spiked. Coconut CheesecakeWith passion fruit glazeMaple CheesecakeWith maple-cranberry compoteMaple-Gingerbread Layer CakeIn this delicious dessert, tender spice cake is layered with maple-sugar frostingGrand Marnier TartStrawberry Blossom TartRaspberry & ChampagneLayer CakeBittersweet Chocolate Turtle TartMini Banana Rum Fudge CakeChunky Apple . Chipotle is also releasing the Eyes. We restarted the buyback program in late February and repurchased $61.2 million of stock at an average price of $1,425 during the first quarter. The company made particular mention of possible new varieties of queso or guacamole (it will be extra of course). These statements are subject to risks and uncertainties that could cause actual results to differ materially from those described in the statements, including but not limited to: uncertainty regarding the duration and severity of the ongoing COVID-19 pandemic and its ultimate impact on our business, including supply chain disruptions and difficulties in acquiring restaurant equipment, impact on guest traffic, restaurant sales and operating costs and the ability of our third-party suppliers and business partners to fulfill their responsibilities and commitments; increasing wage inflation and the increasingly competitive labor market, which impacts our ability to attract and retain qualified employees and has resulted in occasional staffing shortages; increasing supply costs, including beef and freight and to a lesser extent, avocados; risks associated with our reliance on certain information technology systems and potential failures or interruptions; privacy and cyber security risks related to our acceptance of electronic payments or electronic processing of confidential customer or employee information, including through our digital app; the impact of competition, including from sources outside the restaurant industry; the financial impact of increasing our national average hourly wage to $15.00; the impact of federal, state or local government regulations relating to our employees, employment practices, restaurant design and construction, and the sale of food or alcoholic beverages; our ability to achieve our planned growth, such as the availability of suitable new restaurant sites and the availability of construction materials and contractors; increases in ingredient and other operating costs due to our Food With Integrity philosophy, tariffs or trade restrictions and supply shortages; the uncertainty of our ability to achieve expected levels of comparable restaurant sales due to factors such as changes in consumers' perceptions of our brand, including as a result of actual or rumored food safety concerns or other negative publicity, decreased overall consumer spending (including but not limited to the increase in unemployment caused by COVID-19), or the inability to increase menu prices or realize the benefits of menu price increases; risks associated with our increased focus on our digital business, including risks arising from our reliance on third party delivery services; risks relating to litigation, including possible governmental actions related to food safety incidents and potential class action litigation regarding employment laws, advertising claims or other matters; and other risk factors described from time to time in our SEC reports, including our annual report on Form 10-K and quarterly reports on Form 10-Q, all of which are available on the investor relations page of our website at ir.Chipotle.com.