Chipotle fans take note: indulging in a taco or burrito at the fast-food restaurant could soon put a bigger dent in your wallet. That's because the Tex-Mex chain plans to bump up menu prices, the companyconfirmedto Insider Tuesday, marking its fourth price hike in two years. Chipo...
Chipotle Mexican Grill is jacking up its menu prices, citing higher costs linked tosurging inflation. The restaurant chain plans to raise prices a little more than 6% this year, CEO Brian Niccol told Wall Street analysts in an earnings call on Tuesday. Chipotle also hiked its prices by 4% i...
Chipotle expects it will raise prices by a "mid-to-high single-digit" percentage in the state, but has not made a "final decision," its Chief Financial Officer Jack Hartung told analysts on the company's conference call Thursday. Restaurants have been hiking menu prices for more ...
Chipotle is increasing its menu prices to offset inflation with expectations that customers won’t mind paying more.
Chipotle credited menu price hikes, strong online sales and demand for its limited-time smoked brisket for its sales growth in the quarter. To date, Chipotle has raised menu prices by 6% in 2022, according to Niccol. Compared with a year ago, customers are paying about 10% more for their...
assistance and exclusion pay, elevated beef prices, increased incidence of steak, and fewer sales of high margin beverages. The decrease was partially offset by benefits from menu price increases, lower avocado pricing and improved labor efficiency realized from digital enhancements to the restaurants....
The fresh Mexican fusion chain will alter prices for the first time in a while. Jena Warburton Oct 12, 2023 4:45 PM EDTStart Conversation One of the reasons Chipotle (CMG) is so beloved in the U.S. is because it's reliable and quick with a ...
First, Chipotle raised prices (again). This can be a touchy subject for consumers, but for investors, if a company can raise prices without curbing demand, that is good for profits. Chipotle saw a 5% year-over-year increase in transactions last year despite menu price increases,...
Chipotle is raising prices across its menu of Mexican-style food for the first time in three years, after a surge in beef and avocado prices lifted food co... M Rocco - Fox Business 被引量: 0发表: 2014年 Sorry, no carnitas: balancing "Food with Integrity" and growth at Chipotle Synops...
Great. Thanks. Brian, I wanted to ask about the Chipotle's value proposition. Historically, Chipotle's been a better value for the consumer relative to many of its peers and its competitors. Over the past couple years you guys have been raising menu prices and introducing higher price point...