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Chipotle raised its prices and made $2 billion in the third quarter
Chipotle raised its prices to handle higher costs of goods and labor and earned $2 billion in the third quarter, a 20% jump from last year. CEO Brian Niccol cites their strong value proposition in giving them pricing power and allowing them to invest in their employees, food and the customer experience.
04:00
- Source:
CNNBusiness
Food and Drink
16 videos

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Chipotle raised its prices and made $2 billion in the third quarter

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