Chipotle To Raise Prices As Costs Soar

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Chipotle To Raise Prices As Costs Soar

by Wochit 0:30 mins

Chipotle To Raise Prices As Costs Soar

by Wochit 0:30 mins

Grocery shoppers aren't the only ones seeing a surge in food prices. Chipotle's feeling the pinch, too, and plans to pass along some of its increased costs to customers soon for the first time in three years. On the company's earnings call Thursday, Jack Hartung, the company's chief financial officer, said the burrito chain plans to raise prices by somewhere in the mid-single digits percentage-wise.

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