Chipotle (CMG) fans, brace yourselves: Burritos, bowls, and chips are about to cost more. The company is raising prices by 2% nationwide to offset rising costs. “For the first time in over a ...
Chipotle fans have been tested lately. Chipotle Mexican Grill has increased prices six times since 2021. It was among the first restaurant companies to say it would boost its menu prices on ...
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 ...
Chipotle said it's raising its menu prices by 2%, a rare direct admission about the impact that ongoing price increases in the economy are having on its finances. “For the first time in over a ...
Chipotle's stock has shown strong performance since our initial bullish rating in September 2022. Read why we remain bullish ...
(CNN) – Inflation is the reason why customers have been paying more for burrito bowls from Chipotle. The fast-casual Mexican chain says a 2% rise in menu prices was necessary to offset an ...
However, given some softness in demand trends — Chipotle missed market expectations for quarterly same-store sales — the company had hinted that a price increase might come only in early 2025.
In a report released on January 21, John Ivankoe from J.P. Morgan maintained a Hold rating on Chipotle (CMG – Research Report), with a price ...
"Some bad news this morning for Chipotle customers," she opened in ... noting that the implementation of a 2% price increase nationally is the first time the California-based company has raised ...
While Chipotle has yet to feel any impact from California's minimum wage hike and resulting menu price increases, its CFO says the company is keeping "a close eye on it." National Burrito Day is ...