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In the analyst report, the group found a 2% increase in menu prices across 20% of Chipotle restaurants surveyed. Chipotle restaurant workers preparing orders.
If your Chipotle order seems like it has gotten slightly more expensive, it is not your imagination. The fast casual Mexican chain said it has raised its menu prices by 2% as it deals with the ...
Despite the price hikes in recent years, Chipotle reported a 13.6% increase in revenue in the second quarter of this year, bringing in about $2.5 billion. The company also opened 47 new ...
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 ...
The last time Chipotle announced a price hike was in July 2022, and this led to entrees costing $1 more than usual for customers after the price hike took effect in August. The entrees may be ...
Chipotle raised menu pricing by about 4% in August 2022 amid rising costs for labor and ingredients. The company also lifted prices an additional 2% to 3% in 700 restaurants where wages were soaring.
Chipotle's long-term growth plans are still attractive to the Street. ... Chipotle's growth prospects remain strong, even with higher menu prices. Brooke DiPalma. October 14, 2023 at 4:45 AM ...
It should be noted that most major fast-food chains, Chipotle included, have raised their prices over the past decade at nearly double the rate of inflation, according to FinanceBuzz. Nikki H. / Yelp