Menu price increases work for ChipotleCNBC 10/22/2021
Chipotle Mexican Grill said that price increases it put through enabled it to offset higher prices on beef and shipping. The fast casual chain posted adjusted earnings per share of $7.02, well above the $6.32 expected by analysts. Net sales rose nearly 22 percent during the most recent quarter.
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!