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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 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 lovers can still add guac to their burritos without busting their wallets.CFO Adam Rymer told Yahoo Finance that the company is keeping a "close eye" on the fluid tariff situation. The ...
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.
The soft-spoken fast food veteran started as Chipotle's CEO on March 5, 2018, with two strategic imperatives. First, stabilize a business financially rocked by an E.Coli outbreak.Second, relaunch ...
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The California-based fast casual chain is looking to "offset inflation."