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

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]

full article...