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Chipotle revealed the price increase after an analyst report released earlier this week by investment bank Truist Securities noted a 2% price increase at approximately 20% of the chain’s 3,500 U ...
Truist Securities raised the firm’s price target on Chipotle from $72 to $74 ... Since the start of the week, Chipotle shares have risen by more than 5% to $64.89 as of mid-day Thursday ...
According to the U.S. Department of Agriculture, wholesale poultry prices were 4.5% lower in October of this year compared to October 2023, and those prices are predicted to decrease 0.6% on the ...
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 items as before. The restaurant chain had previously raised ...
“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."
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 ...
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In the fast-casual chain’s 2024 third-quarter report, the company explained that the costs of several ingredients, primarily avocados and dairy, caused an increase in total revenue costs to 30.6 ...