Chipotle Is Raising Its Menu Prices
REUTERS/Andrew Kelly
Ally Reid
Friday, December 6th, 2024 10:05pm
Chipotle Mexican Grill is increasing its food prices by approximately 2% to offset inflation costs, according to the company's chief corporate affairs officer. This marks the first price increase in over a year, with the chain citing rising ingredient costs as the reason for the adjustment. Despite the price hike, Chipotle remains focused on providing value to its customers and maintaining consistent portion sizes. The company's revenue for the third quarter of 2024 saw a 13% increase compared to the previous year, with adjusted earnings per share exceeding expectations. Chipotle plans to open hundreds of new restaurants in 2025, with the majority featuring the brand's digital order drive-thru pickup lane.
Latest Posts
-
Social Media Influencing: A Career Now Recognized by CollegesDaily Stories
Could this become a degree?
-
Good News Stories for Monday December 9thGood News
Obesity is on the decline, the first new asthma treatment in decades and seaweed powered vehicles!
-
TikTok Asks Court To Delay U.S. BanDaily Stories
The app may not be accessible in the U.S. January 19
-
-
Farnsworth Middle School Is Building Dominos To Help OthersLocal Stories - Albany
The Annual Cereal Dominos Returns
-
Taco Bell Is Offering Fans The Chance To Appear In Its Super Bowl CommercialDaily Stories
You could be a star!
What's Happening
-
Madison Wealth ManagersJoin Madison Wealth Managers for the ‘Planning for Prosperity Show’ Saturday mornings from 10am-11am on Magic 590 & 100.5.
-
Your Home Sold Guaranteed RadioThe Your Home Sold Guaranteed Radio Show where you get advice you can trust from the capital region’s leading experts in real estate and all related fields.
-
Herzog Law FirmListen Saturday mornings from 8am-9am for The Estate and Medicaid Planning Hour with Herzog Law Firm.
Events
-
Magic of Lights AltamontThis holiday season, the Altamont Fairgrounds will shine brighter than ever before with the debut of Magic of Lights, a dazzling drive-through holiday light dis...
at Altamont Fairgrounds -
Wine & SpiritsExperience a night of cocktails and messages from the great beyond at Wine & Spirits on Thursday, October 3rd in the Crystal Room at the Holiday Inn Express in ...
at Holiday Inn Express (Crystal Room) -
Schenectady Festival of TreesThe Festival of Trees lights up Schenectady December 7, 2024 - December 23, 2024 at the Schenectady County Historical Society! Open daily from 10:00 AM to 4:30 ...
at Schenectady County Historical Society