Chipotle CEO fights back after online uproar over its wealthy customers [Yahoo! Finance Canada]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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Source: Yahoo! Finance Canada
Addressing what he described as "misinformation" surrounding the brand's recent pricing coverage, CEO Scott Boatwright clarified to Yahoo Finance that "60% of our consumers average household income is over $100,000 a year, and they're still spending in this tough economy." He added that the company plans to "lean into those consumers with brand innovation, menu innovation, and really give them more compelling reasons to come in." The admission comes at a sensitive time for the fast-casual giant. During its recent earnings call, Boatwright said the 60% customers making $100,000 statistic "gives us confidence that we can lean into that group in a more meaningful way." The comment sparked online debate that the burrito giant is no longer for everyday people. While Chipotle's stock has clawed back some ground in early February, it spent much of late 2025 in a tailspin. Over the past year, shares have slipped roughly 31%. Chipotle Mexican Grill, Inc. (CMG) Investors are currentl
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News
- Chipotle aims to open 370 new restaurants globally in 2026: CEO [Yahoo! Finance]Yahoo! Finance
- Chipotle CEO: Here's why we are testing a happy hour [Yahoo! Finance Canada]Yahoo! Finance Canada
- Chipotle Is Now Targeting the GLP-1 Market. Can This Move Turn Things Around for the Struggling Restaurant Chain? [Yahoo! Finance]Yahoo! Finance
- Chipotle CEO Reveals Customers Have Money, Sets Stage For Price Hikes [zero hedge]zero hedge
- Chipotle Mexican Grill (NYSE:CMG) had its "hold" rating reaffirmed by analysts at Argus.MarketBeat
CMG
Earnings
- 2/3/26 - Beat
CMG
Sec Filings
- 2/6/26 - Form 144
- 2/4/26 - Form 10-K
- 2/3/26 - Form 8-K
- CMG's page on the SEC website