DENVER Chipotle Mexican Grill Inc. said this week it would increase menu prices by 6 percent in the current fourth quarter to help counter rising costs that led to a dent in third quarter profit. The increase, which is on top of the current 4-percent year-to-year price increase already in effect from previous quarters, is not without risks, according to both company management and industry analysts. Customer traffic, already trending negative for the 800-unit burrito chain, may take ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?