Chipotle’s prices havesteadily ticked upin recent years in a trend that has becomea major frustration pointamong its fans.
“We haven’t decided within that range.
Chipotle confirmed toCNNin October 2023 that it was implementing a “modest price increase to offset inflation.”
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Before that, it raised its prices about 3.5% to 4% in June 2021.
“I haven’t been in months.
And it’s not just higher-income customers that are flocking to Chipotle in droves.
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“Clearly, the brand is resonating in a meaningful way,” he added.
