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Chipotle revealed the price increase after an analyst report released earlier this week by investment bank Truist Securities noted a 2% price increase at approximately 20% of the chain’s 3,500 U ...
Chipotle Mexican Grill's food prices are increasing by approximately 2% to offset inflation costs, according to Chipotle’s chief corporate affairs officer Laurie Schalow.
It should be noted that most major fast-food chains, Chipotle included, have raised their prices over the past decade at nearly double the rate of inflation, according to FinanceBuzz. Nikki H. / Yelp
Chipotle expects to raise its prices even more later in 2024 due to an upcoming fast-food minimum wage increase in California, under which workers will make at least $20 an hour starting on April 1.
The last time Chipotle increased its prices was back in August 2022, when customers ended up paying $1 or more extra for the same menu items as before. The restaurant chain had previously raised ...
This article originally appeared on USA TODAY: Chipotle menu price increase is a response to inflation, company says. Show comments. Advertisement. Advertisement. Holiday Shopping Guides.
The confirmation came following an analyst report dated Dec. 4 by Truist Securities financial group showing Chipotle had increased prices by 2% on proteins at 20% of its restaurant locations surveyed.
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related to: chipotle sunchips sauce review and priceswalmart.com has been visited by 1M+ users in the past month