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Chipotle raising prices as steak, avocados, cheese costs rise
date:Apr 18, 2014
ng mainstream diners, many of whom are still spending cautiously amid the slow U.S. economic recovery.

It has been nearly three years since our last company-wide price increase, and while we want to remain accessible to our customers, we are at a point where we need to pass along these rapidly rising food costs, Chief Financial Officer Jack Hartung said on a conference call with analysts.

Chipotle expects to increase menu prices in the mid-single-digit percentage range starting at the end of t

12/24 07:30