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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."
Chipotle said in its third quarter earnings call in October that food, beverage and packaging costs in the third quarter of 2024 were 30.6% of total revenue, an increase from 29.7% in the third ...
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 ...
First it was streaming services, then it was Girl Scout cookies. Now, inflation is hitting one of America's most popular Tex-Mex fast food restaurants too.
In the past five years alone, shares of Chipotle Mexican Grill soared more than 900%. Chipotle continues to dominate the burrito scene even though competitors Taco Bell, under Yum! Brands , and ...
If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves: Amazon: if you invested $1,000 when we ...
Only 2% of Chipotle's total sales come from Mexico, "which includes avocados, tomatoes, limes, and peppers." The company used to import 90% of its avocados from Mexico, but now it imports half ...
Chipotle told investors last week that prices at nearly 500 of its California chains increased between 6% and 7% across its menu during the first week of April, compared to the same time last year.