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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.
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.
A chicken burrito cost $6.50 in 2019 and now costs $10.70. After California passed a $20 minimum wage law earlier this year, Chipotle raised prices in the state by another 6 to 7 per cent.
BJ's Restaurant: Santa Ana, California: 1978 Huntington Beach, California: 212 Nationwide Operates as BJ's Restaurant & Brewery, BJ's Restaurant & Brewhouse, BJ's Grill, and BJ's Pizza & Grill. Black Bear Diner: Mount Shasta, California: 1995 Redding, California: 144 West Bob Evans Restaurant: Gallipolis, Ohio: 1948 New Albany, Ohio: 440 Mid ...
This is the list of the largest fast-food restaurant chains by their number of locations in the world. ... Chipotle Mexican Grill: 2,962 (2021) [43] [44]
In a list of fastest-growing restaurant chains in 2009, Chipotle was ranked eighth, based on increases in U.S. sales over the past year, [29] and in 2010 Chipotle was ranked third. [30] Consumer Reports ranked Chipotle as the best Mexican fast-food chain in 2011. [ 31 ]
Chipotle Mexican Grill (NYSE: CMG) has been a wonderful business for investors. In the past five years, share prices of the thriving Tex-Mex restaurant chain have risen 298%.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Chipotle Mexican Grill wasn’t one of them.
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