Chipotle to enter Asia in 2026 with burrito chains in South Korea, Singapore

Group 1 - Chipotle Mexican Grill plans to expand into Asia by opening restaurants in South Korea and Singapore through a joint venture with SPC Group [1] - The CEO highlighted that the evolving dining-out business presents a significant growth opportunity in Asia [2] - The company has previously announced plans to enter the Mexican market and expand into the Middle East [2] Group 2 - Chipotle lowered its annual sales growth target and missed quarterly sales estimates due to fewer restaurant visits amid economic uncertainty [3] - The company operates over 3,800 restaurants and aims to open between 315 and 345 new outlets this year, with a long-term goal of 7,000 locations in the U.S. and Canada [4]