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 ...
The average one-year price target for Chipotle Mexican Grill (NYSE:CMG) has been revised to $45.75 / share. This is a ...
Chipotle eaters may not be too thrilled the next time they head to their nearest location: the Denver-based company has raised its prices by about 25 cents per item — bringing chicken tacos and ...
Inflation is a top concern for restaurant operators, and they're passing higher costs to diners. Prices of staples like coffee and burgers continue to rise, according to data from the financial ...
While competitors are testing value menus and limited-time offers, Chipotle is taking the opposite route — betting that premium positioning will outlast consumer fatigue. It's a risky strategy in a ...
CMG stock's 25% slide reflects slowing traffic and consumer strain, as it doubles down on loyalty, menu innovation and ...
Chipotle is struggling to retain its younger clientele as many scale back on eating out amid financial worries and an uncertain economy, according to the company’s CEO. Younger ...
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