“They’re still spending in this tough economy,” Scott Boatwright said. “So we’re gonna lean into those consumers.” ...

In its 2025 earnings report, Chipotle posted a 1.7% drop in comparable restaurant sales and joined a broader wave of ...

Chipotle CEO allegedly suggested targeting customers earning over $100,000 per year in leaked audio, sparking controversy ...

Chipotle is turning its focus on higher-income customers, and menu prices could soon reflect that. During an earnings call ...

The rumor stemming from the chain’s recent earnings call illustrates the challenges of earning consumer trust in an ...

The fast-casual burrito chain is not raising prices because of wealthier diners, the company said, but it does plan to focus more on those ...

Chipotle Mexican Grill Inc. CMG CEO Scott Boatwright was caught on a recording stating the company plans to continue raising ...

A national restaurant chain is planning to raise prices after its CEO said he wants to “lean in” to customers who make at least $100,000 a year. Chipotle Mexican Grill’s interim CEO Scott Boatwright ...

No, Chipotle isn’t raising prices because it’s seeing an uptick in higher-income consumers. The rumor has been picked up by ...

Chipotle's margins will take a hit this year as the company bets on value.

Consumer brands from Chipotle Mexican Grill to Whirlpool are dealing with inflation by passing higher costs onto their customers through price hikes. Many companies that reported quarterly results in ...

Chipotle raised its menu prices by about 3.5% to 4% to cover the cost of higher wages for employees, the company's Chief Financial Officer John Hartung said Tuesday. "You take about a 4% price ...