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A recent New York Times article shares how inflation has impacted the restaurant industry, with portion sizes decreasing as prices rise. It's no secret that the American diet is known for its large...
Niccol addressed customer concerns over portion sizes in a July 24 second-quarter earnings call, where he said more than 10% of Chipotle’s 3,500 locations had “outlier portion scores” and ...
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 ...
After customers protested its inconsistent portion sizes earlier this year, Chipotle made sure that all its stores’ scoop sizes were up to par. And apparently, it paid the price for more rice.
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 ...
Despite the controversy over portion sizes, Wells Fargo found that Chipotle’s foot traffic continues to increase, aside from a setback last month, and the bank is still optimistic about the stock.
Laurie Schalow, Chipotle’s chief corporate affairs officer, told CNN that Chipotle’s bowl size may vary depending upon the number of ingredients a customer selects or if they choose to make an ...
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