NowTrend

Breaking News, Business, Politics, Sports & More

Chipotle Bankruptcy Rumor | Viral

3 min read

Chipotle Bankruptcy Rumor | The Truth Behind Chipotle’s Expansion Plans and the Misinformation Circulating Online

The Viral Chipotle Bankruptcy Hoax

Social media recently erupted with panic after rumors falsely claimed that Chipotle was filing for bankruptcy and shutting down all locations in 2025. The misinformation spread quickly across platforms like X (formerly Twitter), leading to widespread confusion among customers and fans of the beloved fast-casual chain.

The rumor appears to have originated from a misleading article by Spanish media outlet Unión Rayo. The publication mistakenly associated the closure of Farmesa Fresh Eatery—a short-lived Chipotle spinoff in 2023—with the parent company itself. A promotional image featuring the Chipotle logo further fueled the confusion, prompting concerned customers to question the fate of their favorite burrito chain.

Chipotle Speaks Out: The Facts You Need to Know

Chipotle spokesperson Erin Wolford swiftly addressed the rumors, confirming that the claim of bankruptcy was entirely false.

“This misinformation stemmed from an inaccurate online article confusing Chipotle with a venture it tested in 2023,” Wolford stated.

Chipotle has since contacted the publication to correct the error and has received an apology for the misleading report. Despite the brief moment of online chaos, the company reassured customers that it remains financially strong and has no plans to close.

Chipotle’s Strong Financial Health & Growth Plans for 2025

Contrary to the rumors, Chipotle is thriving and actively expanding. In a recent earnings report, the company announced a 14.6% increase in total revenue, reaching $11.3 billion in 2024. Furthermore, Chipotle holds zero debt and over $2 billion in cash reserves, positioning itself for sustained growth in the coming years.

The company has ambitious expansion plans, with 315 to 345 new restaurant openings scheduled for 2025, 80% of which will include a Chipotlane (a digital drive-thru for seamless pickup orders). This follows the successful launch of 304 new company-owned restaurants in 2024, further solidifying its presence in the fast-casual industry.

Chipotle restaurant exterior with logo . Chipotle bankruptcy rumor

What Was Farmesa Fresh Eatery?

Farmesa Fresh Eatery was a restaurant concept tested by Chipotle in Santa Monica in early 2023. Designed to offer high-quality proteins, grains, and greens inspired by Chipotle’s Food with Integrity standards, Farmesa was an attempt to diversify the company’s portfolio. However, after a few months of evaluation, Chipotle decided to discontinue the concept to focus on its core brand.- Chipotle financial status

Chipotle’s Commitment to Innovation & Customer Experience

Beyond expansion, Chipotle continues to innovate by introducing new menu options, such as Honey Chicken, and enhancing the digital ordering experience. CEO Scott Boatwright emphasized the company’s dedication to serving guests with high-quality, responsibly sourced ingredients while maintaining exceptional service.

Bottom Line: Chipotle Is Here to Stay

If you were worried about losing your go-to spot for burrito bowls and guac, rest easy—Chipotle is NOT closing. The company is financially strong, rapidly expanding, and introducing exciting new offerings for customers nationwide. | Chipotle closing news

For the latest updates, visit Chipotle’s official website or follow them on social media.

DISCOVER MORE | Apple TV+ Financial Loss $1 Billion Annual

About The Author

Leave a Reply

Your email address will not be published. Required fields are marked *

Stay Ahead of the Trends!

Join our newsletter and get the latest celebrity news, fashion updates, and beauty trends delivered straight to your inbox!