Chipotle price hikes drive profit growth – and the chain says more increases are coming - CNBC

7/26/2022 12:00:00 AM2 years 9 months ago
by Amelia Lucas
by Amelia Lucas
Chipotle shares have fallen 25% this year, dragging its market value down to $37.16 billion.
Chipotle Mexican Grill on Tuesday reported disappointing sales as price hikes helped boost profits but may have scared away inflation-weary customers. The company also said it would raise prices aga… [+1657 chars]
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