Chipotle price hikes drive profit growth – and the chain says more increases are coming
In this article CMG People visit a Chipotle restaurant on February 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Chipotle Mexican Grill on Tuesday reported disappointing sales as price hikes helped boost profits but may have scared away some inflation-weary customers. “The low-income consumer definitely has pulled back their purchase frequency,” CEO Brian…