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0 0.000306372549019547 0.000306372549019547 0 0.000306372549019547 -6.12745098037788E-06 -0.000612745098039094 -0.00275735294117636
Stock impact report

Popular Mexican chain joins wave of Chapter 11 bankruptcies [Yahoo! Finance]

Chipotle Mexican Grill, Inc. (CMG) 
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.chipotle.com
Company Research Source: Yahoo! Finance
While inflation , rising labor costs, and a struggling economy have hit many restaurants hard, Mexican chains have seemingly faced even deeper problems. “It's really tough because prices have just been rising, and a lot of consumers don't feel as though their salaries have kept pace,” Justine Rapp Farrell, a professor of marketing at the University of San Diego's Knauss School of Business, told Scripps News Mexican restaurant owners have specifically commented on price hikes impacting their menu items. "It's literally everything," La Vaca Birria's owner Ricardo Lopez told People . "Beans are up, rice is up." Chipotle, which expects 2026 sales to be flat, sees costs rising higher than it can raise prices. "We will continue to take a disciplined and measured approach to pricing, but do not expect it to fully offset inflation in the near term as we remain committed to delivering exceptional value for our guests," CEO Scott Boatwright said during the chain's fourth-quarter earn Show less Read more
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