The fix: Chipotle’s 2% price hike comes from a ‘point of strength’ (CMG)


New York is suing Chipotle for $150 million for violating workweek laws

News by Michael M. Santiago/Getty Images

Corrected 11:19 a.m. ET to reflect a 2% price increase in the headline instead of 20%.

To offset the higher cost of ingredients, Chipotle Mexican Grill (NYSE:CMG) raised menu prices for the first time in a year, the company confirmed Wednesday. Announcement

This was corrected on 12/04/2024 at 11:40 am. Fixed header to show 2% price increase instead of 20%.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *