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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
In 2025, Chipotle plans to open 315 to 345 new company-operated restaurants, with 80% featuring a “Chipotlane,” the brand’s digital order drive-thru pickup lane. This article was originally ...
Despite the price hikes in recent years, Chipotle reported a 13.6% increase in revenue in the second quarter of this year, bringing in about $2.5 billion. The company also opened 47 new ...
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]
This is a list of notable current and former fast food restaurant chains, as distinct from fast casual restaurants (see List of casual dining restaurant chains), coffeehouses (see List of coffeehouse chains), ice cream parlors (see List of ice cream parlor chains), and pizzerias (see List of pizza chains).
Chipotle said in its third quarter earnings call in October that food, beverage and packaging costs in the third quarter of 2024 were 30.6% of total revenue, an increase from 29.7% in the third ...
The last time Chipotle announced a price hike was in July 2022, and this led to entrees costing $1 more than usual for customers after the price hike took effect in August. The entrees may be ...
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.