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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 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 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 ...
Following Niccol’s departure, shares of Chipotle tumbled, but are now up by more than 47% year over year. “We know that portioning is a core equity of ours in the organization,” Boatwright ...
Chippy the tortilla-making robot may soon have new friends in the back of Chipotle restaurants. It looks like more robots are coming to Chipotle [Video] Skip to main content
Chipotle is adding a second robot to its fleet.So step aside, Chippy, Autocado is here. On Wednesday, the fast-casual chain announced the avocado processing prototype dubbed Autocado, created in ...
Chipotle's inflation-driven price increases may be freezing some out of the market for a burrito or burrito bowl. Inflation: Chipotle CEO says some consumers are being priced out [Video] Skip to ...
Chipotle says it goes through more than 5 million cases of avocados a year. Previously, Chipotle tested “Chippy,” an automated system that makes seasoned tortilla chips.