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“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."
That said, Chipotle stock isn't cheap even after today's pullback. Therefore, if investors want to own shares of a top operator, then Chipotle is still the stock to buy in the restaurant space.
Chipotle is raising its U.S. prices to offset inflation and to compensate for a promise to increase portion sizes. Chipotle’s chief corporate affairs officer, Laurie Schalow, confirmed Friday ...
Truist Securities raised the firm’s price target on Chipotle from $72 to $74 based on the findings and believes Chipotle is shifting menu prices higher “from a point of strength,” according ...
Chipotle shares have now dropped more than 25% since the record high set in mid-June. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
It always has been, and it always will be,” he said during an investor call, USA Today reports. To address the seemingly shrinking portions, Niccol revealed that Chipotle will focus on "training ...
Chipotle posted a restaurant-level operating margin of 25.5% last quarter, down from 26.3% a year ago. Overall, Chipotle posted a mixed third quarter print after a string of winning quarters.
Chipotle confirmed it is raising prices for the fourth time in two years in order to "offset inflation."