Chipotle CEO says company will swallow increase in costs brought on by tariffs
Scott Boatwright, the company CEO, told NBC News over the weekend that Chipotle’s menu prices will remain as they are despite the fact that the cost of goods is expected to rise if and when President Donald Trump’s tariffs go into effect. “It is our intent as we sit here today to absorb those costs,” Boatwright told NBC News.
Chipotle’s CEO vows to keep prices the same for as long as possible even though Trump’s tariffs will hit guacamole hard
Chipotle’s CEO Scott Boatwright said the burrito chain will hold its prices steady despite impending Trump tariffs on Canada and Mexico. Tariffs on Mexico could affect half of Chipotle’s avocado supply.
Chipotle CEO shares how restaurant chain will handle Trump tariff costs
Chipotle’s CEO detailed how the company will handle President Donald Trump’s tariff-related cost increases. Here's what to know.
Chipotle CEO says company will absorb any cost increases from tariffs
President Donald Trump’s plan to impose tariffs on America’s largest trading partners is sending ripples through the U.S. economy, as businesses and consumers alike prepare to pay Yet for Chipotle customers,
Chipotle will foot the bill for Trump tariffs, CEO says
Chipotle’s CEO says the company will cover the cost of President Donald Trump’s coming tariffs and not pass higher prices onto consumers.
Chipotle says it will absorb any tariff price increases and not pass them to consumer
Fast casual burrito chain Chipotle announced this week that it will absorb the cost of any of Donald Trump’s tariffs and not ...
NBC News Exclusive: Chipotle CEO on chain's plan to address rising costs
In an exclusive interview with NBC News' Hallie Jackson, Chipotle CEO Scott Boatwright shared why he’s optimistic about the ...
QSR magazine27d
Scott Boatwright Champions a ‘Guest-Obsessed Mindset’ at Chipotle
Scott Boatwright’s tenure as CEO of Chipotle officially began in November, when he shed an August-placed interim tag following the departure of Brian Niccol to Starbucks. Before, he spent seven ...
Chipotle praised for ‘quality and size’ as it faces a ‘choppier’ consumer
Chipotle Mexican Grill’s stock rose Monday after the restaurant chain picked up a fresh upgrade from Morgan Stanley and the ...
Chipotle Mexican Grill (CMG) Stock Can Rally 30% Higher, Says Morgan Stanley
Investors should look past near-term headwinds and buy the stock of Chipotle Mexican Grill (CMG), says investment bank Morgan ...
Chipotle Ready To Eat Tariff Costs, Won't Charge Customers More: 'We Don't Think It's Fair To The Consumer'
Restaurant company Chipotle Mexican Grill (NYSE:CMG) could be negatively impacted by pending tariffs on Mexico, which could ...