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“For the first time in over a year,” said Laurie Schalow, Chipotle's chief corporate affairs officer, “We have taken a modest price increase of approximately 2% nationally to offset inflation."
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Chipotle Mexican Grill, Inc. (/ tʃ ɪ ˈ p oʊ t l eɪ /, chih-POAT-lay), [3] often known simply as Chipotle, is an American multinational chain of fast casual restaurants specializing in bowls, tacos, and Mission burritos made to order in front of the customer. [4] [5] [6] As of June 30, 2024, Chipotle has 3,500 restaurants. [7]
Sun Chips (styled SunChips [2] or SUNCHIPS [3]) is a brand of fried, [4] rippled, multigrain chips launched in 1991 and produced by Frito-Lay. Ingredients [ edit ]
Chipotle posted a restaurant-level operating margin of 25.5% last quarter, down from 26.3% a year ago. Overall, Chipotle posted a mixed third quarter print after a string of winning quarters.
Instead of stiff and sometimes stuffy vibes, several tasting menu restaurants have shifted to lower price points; often set to a soundtrack of rock-and-roll, soul, or R&B music.
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It's Higher This Year. If you think swipe fees dropped with inflation, guess again. Last year they were $18.6 billion. Since 85% of holiday purchases will be made with credit or debit cards, that ...
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