Chipotle Stock Rises After Unexpected Menu Price Hike: Retail Welcomes Costlier Burrito Bowls
Chipotle Mexican Grill's ($CMG) stock was up 4% on Wednesday afternoon after the popular fast-food chain announced it would increase menu prices nation-wide, with retail investors cheering the move. “For the first time in over a year,
Chipotle Mexican Grill lifts menu prices as input costs rise
Chipotle Mexican Grill said on Wednesday it has raised menu prices by about 2%, as the burrito chain counters higher input costs in the midst of a choppy demand environment for restaurants in the United States.
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs
The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.
Chipotle Stock Climbs As Menu Prices Increase
Your burrito may be getting a bit more expensive. Chipotle Mexican Grill (CMG) is raising prices across the U.S., the company said Wednesday. “For the first time in over a year, we have taken a modest price increase of approximately 2% nationally to offset inflation,
Correction: Chipotle's 2% price hike comes from a 'point of strength' - analyst
ET to reflect 2% price hike in headline, not 20%. To offset the higher price of ingredients, Chipotle Mexican Grill (NYSE:CMG) has raised their menu prices for the first time in a year, the company confirmed on Wednesday.
Chipotle shares rise as analyst says prices hikes have started
Chipotle (NYSE:CMG) shares rose more than 2% in premarket trading Wednesday after a Truist Securities analyst said that recent checks indicate price hikes of at least 2% at some stores. According to analyst Jake Bartlett,
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