Overview
- The sauce is now available and made fresh daily with roasted garlic, cilantro, chili peppers and citrus, and it is priced at $1.
- Chipotle Rewards members can try it free on Sept. 30 with a paid entrée, with the offer auto-loaded for accounts enrolled by 8 p.m. ET on Sept. 29 and not valid on third-party delivery.
- Red chimichurri was developed to complement the returning Carne Asada, with suggested pairings that include a Carne Asada burrito, a chicken bowl and a Sofritas bowl.
- Company leaders say frequent limited-time flavors aim to draw Gen Z and lapsed guests, pointing to Adobo Ranch results showing 46% of buyers were new and about 20% more likely to be Gen Z.
- The launch comes after softer sales, a CEO handoff to Scott Boatwright and a roughly 30% share decline since Brian Niccol’s departure, with analysts focused on comparable sales and the Oct. 29 earnings report.