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Truist Securities raised the firm’s price target on Chipotle from $72 to $74 based on the findings and believes Chipotle is shifting menu prices higher “from a point of strength,” according ...
SEE MORE: Chipotle getting robotic with making bowls, salads. 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 ...
In the analyst report, the group found a 2% increase in menu prices across 20% of Chipotle restaurants surveyed. Chipotle restaurant workers preparing orders.
Chipotle's menu consists of five items: burritos, bowls, tacos, quesadillas, and salads. The price of each item is based on the choice of chicken, pork carnitas , barbacoa , steak, tofu-based "sofritas", [ 116 ] [ 117 ] or vegetarian (with guacamole or queso, which would be at an extra charge otherwise).
This means your Chipotle burritos, bowls, ... Chipotle expects to raise its prices even more later in 2024 due to an upcoming fast-food minimum wage increase in California, ...
Chipotle said more customers were drawn to the reintroduced chicken al pastor on the menu. It also said last year’s price increases helped offset pricier avocados and increased oil used to fry ...
Today, at my local Chipotle, a burrito starts between $9.50 and $11.25, depending on the protein choice—and the price goes up even more if I add extras like guac or an extra tortilla.
In the first quarter of 2022, Chipotle reportedly raised its prices by 4 per cent on top of another increase back in June 2021, which according to the company, was done to offset increasing ...