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Chipotle Mexican Grill's food prices are increasing by approximately 2% to offset inflation costs, ... This is the fifth menu price increase since June 2021, ...
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 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 ...
How Much Is Chipotle Raising Prices? All across America, everything at Chipotle is going to cost 2% more now. Burritos, tacos, quesadillas, the whole shebang.
Chipotle confirmed to CNN in October 2023 that it was implementing a "modest price increase to offset inflation." Before that, it raised its prices about 3.5% to 4% in June 2021.
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 based on the findings and believes Chipotle is shifting menu prices higher “from a point of strength,” according ...
This will be the fourth price increase since June 2021, when the chain unveiled a roughly 4% price hike after announcing that it would be raising workers’ wages.