Chipotle Mexican Grill is about to report earnings. Here's what to expect

Chipotle's stock has climbed 30% this year, giving it a market value of $49.8 billion.Chipotle Mexican Grillraised prices for the first time in over a year, citing inflation.

Before the pandemic, Chipotle typically waited until December to hike prices, but higher labor and commodity costs pushed the chain to raise menu prices more aggressively in the past two years. The company backed off from price hikes earlier this year as consumers curbed restaurant spending.same-store sales growth in the low-to-mid single digit range for the quarter, while Wall Street is projecting 4.6% same-store sales growth, according to StreetAccount estimates.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Chipotle earnings: What to expectChipotle reports third-quarter results amid concerns about consumer spending
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

Mexican Peso counterattacks amid resilient job market shrugs off upbeat US GDPMexican Peso (MXN) climbs against the US Dollar (USD) on Thursday, trimming some of the last two days' losses after economic data from Mexico showed t
Sumber: FXStreetNews - 🏆 14. / 72 Baca lebih lajut »