DENVER—Chipotle Mexican Grill Inc. is announcing plans to open four more of its ShopHouse Southeast Asian Kitchen restaurants but says its growth will still be driven primarily by developing the Chipotle brand in the U.S.
Denver-based Chipotle opened its first ShopHouse in the nation’s capital in 2011, using Chipotle’s model of customized fast-casual entrees but with a Southeast Asian menu. In coming weeks, one more location in Washington and two in the Los Angeles area are slated to open.
Chipotle said Monday it also plans to open a ShopHouse in Westwood, Calif., and one in Bethesda, Md., late this year, with locations in Rockville, Md., and Washington slated to open next year.
Chipotle stock was down $2.16 to close at $358.84 Monday.
