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Schalow said it's the first time the California-based company has raised its prices in more than a year. Chipotle revealed the price increase after an analyst report released earlier this week by ...
“For the first time in over a year,” said Laurie Schalow, Chipotle's chief corporate affairs officer, “We have taken a modest price increase of approximately 2% nationally to offset inflation."
A chicken burrito cost $6.50 in 2019 and now costs $10.70. After California passed a $20 minimum wage law earlier this year, Chipotle raised prices in the state by another 6 to 7 per cent ...
CAVA Market Cap data by YCharts.. Further, when comparing market cap and sales to the number of locations, Chipotle's stock looks cheaper. The average Cava restaurant has a value of $42.5 million ...
After the new minimum wage of $20 an hour went into effect on April 1, Chipotle raised prices 7% in the state, executives said in investor calls earlier this year.
Chipotle, which just announced price hikes, said it will charge even more at its California restaurants, blaming a new rule that raises minimum wages for fast food (and fast casual) workers in the ...
Chipotle Mexican Grill's food prices are increasing by approximately 2% to offset inflation costs, according to Chipotle’s chief corporate affairs officer Laurie Schalow.
In his downtime, you may catch Chipotle's new CEO, Scott Boatwright, hitting the gym for a 5 a.m. workout with former CEO Brian Niccol (Starbucks' new CEO) or whipping up a meal on the smoker or ...