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Chipotle downplays looming Trump tariffs
Chipotle downplays looming Trump tariffs, says only half of its avocados are from Mexico
Chipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs on key imported ingredients go into effect next month, noting that only about half of its avocados come from Mexico.
Amid tariff worries, Chipotle CEO says about 50% of the chain's avocados are sourced from Mexico
Chipotle CEO Scott Boatwright told CNBC’s Jim Cramer the burrito maker has managed to diversify its avocado supply.
Chipotle Q4 earnings largely meet Wall Street estimates, shares drop on conservative guidance
Chipotle will have to fight to impress for its Q4 earnings with more headwinds hitting the restaurant industry.
Chipotle says it's getting more avocados from outside Mexico. It could get impacted by Trump's tariffs anyway.
Chipotle has new sources of avocados in Colombia and Peru, its CEO said. But the chain might still take a hit from Trump's potential Mexico tariffs.
Chipotle Earnings Due Amid Trump Tariff Threat To Avocado Prices
Cost inflation, Trump tariffs and avocado prices are all key items to watch during the Chipotle earnings report.
QSR magazine
2h
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 ...
1d
on MSN
Chipotle CEO Scott Boatwright goes one-on-one with Jim Cramer
Chipotle CEO Scott Boatwright joins 'Mad Money' host Jim Cramer to talk quarterly results, footprint expansion, the impact of ...
2h
Chipotle (NYSE:CMG) Gets Analyst Love, Shares Slip Anyway
Normally when analysts start coming out in favor of a stock as being in the midst of a buying opportunity, investors take ...
2h
Chipotle CFO: No price hikes in the near future while we watch the impact of tariffs on food
CFO Adam Rymer told Yahoo Finance that the company is keeping a "close eye" on the fluid tariff situation. The Trump ...
23h
on MSN
Chipotle Mexican Grill is about to report earnings. Here's what to expect
Chipotle Mexican Grill is expected to report its earnings after the bell on Tuesday. Here's what Wall Street is expecting the ...
Restaurant Business
19h
If tariffs happen, Chipotle says it is ready
About half of the fast-casual chain's avocados come from Mexico and sourcing has shifted to other countries. Food costs would ...
22h
on MSN
Chipotle assesses fallout from Mexico tariffs, forecasts tepid annual sales growth
It also forecast annual comparable sales growth at low to mid-single digits, which was below analysts' expectations of a 5.6% ...
1d
Chipotle to report Q4 earnings: 4 things to be watching
Chipotle Mexican Grill (CMG) is set to report its fourth quarter earnings results after the market close on Tuesday, marking ...
18h
on MSN
Chipotle targets 315-345 new openings in 2025 with focus on Chipotle lanes
Q4 2024 Management View CEO Scott Boatwright highlighted Chipotle's strong performance in 2024, with sales growing 15% to $11.3 billion, driven by a 7.4% comp including over 5% transaction growth.
23h
on MSN
Chipotle Mexican Grill Reports Smaller-Than-Expected Rise in Quarterly Sales
(Reuters) -Chipotle Mexican Grill reported a smaller-than-expected rise in fourth-quarter comparable sales on Tuesday, as ...
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