A newly surfaced recording of Chipotle chief executive Scott Boatwright discussing pricing strategy has ignited consumer ...
Scott Boatwright mentioned on Chipotle's fourth-quarter earnings call that 60% of the restaurant chain's customers have household incomes over $100,000 a year.
Chipotle Mexican Grill Inc. CMG CEO Scott Boatwright was caught on a recording stating the company plans to continue raising ...
Chipotle's margins will take a hit this year as the company bets on value.
Chipotle plans to raise prices this year, but executives said on Tuesday that their core consumer, who makes over $100k, ...
Chipotle raised its menu prices by about 3.5% to 4% to cover the cost of higher wages for employees, the company's Chief Financial Officer John Hartung said Tuesday. "You take about a 4% price ...
Chipotle recently saw a drop in consumer demand, mirroring a broader slowdown across the fast-food industry. To help combat ...
Chipotle stock has fallen about 33% over the last year, dragging the company's market value down to about $51 billion.
These companies can charge more and still keep customers coming back.
Chipotle's business quality remains high, but stock performance will depend on when growth reaccelerates.
The fast-casual chain said same-store sales declined 2.5% for the fourth quarter, with transactions down more than 3%. But ...
The chain reported negative same-store sales of 2.5% in Q4, while its traffic fell for a fourth straight quarter ...