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Chipotle has raised its menu prices by about 2% in response to inflation, the company confirmed to USA TODAY Thursday. ... an increase from 29.7% in the third quarter of 2023. ...
According to the U.S. Department of Agriculture, grocery store prices increased 0.1% from September to October of this year — 1.1% higher than in October 2023. The price of dining out increased ...
Chipotle is increasing menu prices again to 'offset inflation' ... 2023 at 2:39 PM. ... Despite the price hikes in recent years, Chipotle reported a 13.6% increase in revenue in the second quarter ...
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 April 2014, Chipotle announced an increase in menu prices for the first time in nearly three years, due to increasing costs for steak, avocados, and cheese. The price increase was expected to be rolled out from the end of second quarter of 2014 through the end of the third quarter. [39]
In April 2023, Chipotle CEO Brian Niccol told CNBC that the chain was pausing any additional price increases. In July 2023, CNBC reported that the CEO reversed course and said that pricing changes ...
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 ...
Main menu. Main menu. move to sidebar hide. Navigation ... This is a Chipotle restaurant in Woodmoor, Maryland, in September 2023. Date: 23 September 2023: Source ...