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“It is our intent as we sit here today to absorb those costs,” he said, adding that price changes may occur if costs ... He estimated that tariffs could increase the cost of goods by 0.6%. Chipotle’s ...
Chipotle (CMG) won't raise the prices of chicken burritos or guac and chips as it tries to navigate fragile consumer sentiment and a trade war. The burrito chain missed expectations on revenue and ...
According to the Associated Press, Chipotle will soon be raising food prices to counterbalance a spike in beef and chicken costs. As of August wholesale food prices have increased 8.7 percent. For all ...
Boatwright has previously said Chipotle would not raise its prices. Chipotle is beginning to notice the impact of consumers spooked by volatile economic conditions. The company reported on ...
The Mediterranean-inspired chain reported on Thursday that same-store sales grew 10.8% in the first quarter and foot traffic increased 7.5%. Cava's better-than-expected sales stood out against ...
CEO Scott Boatwright also made clear that the company will not raise menu prices in response to new tariffs, stating the burden shouldn't be passed to consumers. He emphasized that Chipotle's low ...
Economists say companies generally have to pass along the cost of tariffs. But populists on the left and right say the ...
Chipotle said the increase was primarily due to inflation ... See Also: Chipotle Stock Faces Bearish Charts Despite Upbeat Q1 Estimates And Price Target Revisions The company also repurchased ...
Chipotle, which is based out of California, has recently said that it will not be raising the price of its guacamole, despite tariffs on Mexico expected to raise the price of avocados.
Chipotle (CMG) won't raise the prices of chicken burritos or guac and chips as it tries to navigate fragile consumer sentiment and a trade war. The burrito chain missed expectations on revenue and ...