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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 revealed the price increase after an analyst report released earlier this week by investment bank Truist Securities noted a 2% price increase at approximately 20% of the chain’s 3,500 U ...
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 ...
The last time Chipotle increased its prices was back in August 2022, when customers ended up paying $1 or more extra for the same menu items as before. ... Chipotle reported a 13.6% increase in ...
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.
Chipotle's last increase looked like a $1 spike or more for menu items, while the chain also increased prices 3.5 to 4 percent in June 2021 and around 4 percent once again in the first quarter of ...
Despite these complaints, Chipotle reported a total revenue increase of 18.2% to $3.0 billion this quarter compared to the second quarter of 2023. The chain also opened 52 new company-operated ...
Chicken-based fast food restaurants, including WingStop, have seen increased sales as consumer preferences change. The restaurant chain, which specializes in chicken wings, saw a 21.6% jump in ...