Chipotle has quietly raised its prices at all of its locations [The Business Insider]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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Source: The Business Insider
Chipotle has quietly raised its prices at all of its locations The burrito chain began raising prices in April 2017. Hollis Johnson Chipotle has a had a tumultuous year, but that hasn't stopped it from raising prices. Today, the chain confirmed that it has finished its final round of price increases across its stores nationwide, CNBC reported. The chain has been gradually implementing these changes over the course of the last year. In April 2017, 440 of Chipotle's more than 2,2000 restaurants were impacted. In November, another wave of its restaurants followed suit. The latest price hikes are affecting all 900 of the remaining restaurants, primarily in the Pacific, Northeast, Southeast, and Mid-Atlantic areas. Business Insider was told by a Chipotle spokesman in April that the price increases would be about 5%, which is equal to a $0.34 increase on a chicken burrito bowl in Washington, DC. "We had been on record saying that we may raise prices in some of our restaurants, an
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- Spicing Up the Market: Chipotle's Earnings Beat Heats Up Restaurant Stocks [Yahoo! Finance]Yahoo! Finance
CMG
Earnings
- 4/24/24 - Beat
CMG
Sec Filings
- 4/25/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/23/24 - Form ARS
- CMG's page on the SEC website