Chipotle Won't Raise Prices as Tariffs Take Effect, CEO Says
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Chipotle Mexican Grill's CEO, Scott Boatwright, announced that despite the impact of tariffs, the company will not raise prices. They are diversifying avocado sourcing and introducing a new menu item, Hot Honey Chicken. The company plans to open over 300 new restaurants this year.
March 10, 2025 | 8:45 pm
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Chipotle Mexican Grill is not raising prices despite tariffs, diversifying avocado sourcing, and launching a new menu item. They plan to open over 300 new restaurants this year.
Chipotle's decision not to raise prices despite tariffs could maintain customer loyalty and sales volume. Diversifying avocado sourcing reduces supply chain risk. The introduction of a new menu item and plans for significant expansion indicate growth potential.
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