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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 ...
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 ...
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Chipotle Mexican Grill, Inc. (/ tʃ ɪ ˈ p oʊ t l eɪ /, chih-POAT-lay), [3] often known simply as Chipotle, is an international chain of fast casual restaurants specializing in bowls, tacos, and Mission burritos made to order in front of the customer.
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After releasing its results for the fourth quarter of 2023 and the full year on Feb. 6, Chipotle executives held an earnings call where they revealed that prices will increase from between 2.5% ...
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