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Chipotle says price hikes lift revenue as customer visits slip

Por: CNBC Business October 26, 2022

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In this articlewatch nowVIDEO2:1102:11Chipotle CEO says costs are up over 20% on a two-year basis, discusses company's pricing strategy on Tuesday reported quarterly earnings that topped analysts' expectations on the strength of its latest round of menu price hikes.CEO Brian Niccol said the company saw minimal resistance to higher menu prices during the quarter, although transactions declined 1%. Even with the price hikes, he noted... + full article



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