Chipotle CEO says company will swallow increase in costs brought on by tariffs
Scott Boatwright, the company CEO, told NBC News over the weekend that Chipotle’s menu prices will remain as they are despite the fact that the cost of goods is expected to rise if and when President Donald Trump’s tariffs go into effect. “It is our intent as we sit here today to absorb those costs,” Boatwright told NBC News.
Chipotle’s CEO vows to keep prices the same for as long as possible even though Trump’s tariffs will hit guacamole hard
Chipotle’s CEO Scott Boatwright said the burrito chain will hold its prices steady despite impending Trump tariffs on Canada and Mexico. Tariffs on Mexico could affect half of Chipotle’s avocado supply.
Chipotle says it will absorb any tariff price increases and not pass them to consumer
Fast casual burrito chain Chipotle announced this week that it will absorb the cost of any of Donald Trump’s tariffs and not pass them along onto its customers, according to a statement by company CEO Scott Boatwright.
Chipotle CEO says company will absorb any cost increases from tariffs
President Donald Trump’s plan to impose tariffs on America’s largest trading partners is sending ripples through the U.S. economy, as businesses and consumers alike prepare to pay Yet for Chipotle customers,
Chipotle will foot the bill for Trump tariffs, CEO says
Chipotle’s CEO says the company will cover the cost of President Donald Trump’s coming tariffs and not pass higher prices onto consumers.
Chipotle Can Handle Any Tariff Fallout: CEO
President Donald Trump’s plan to impose tariffs on America’s largest trading partners is sending ripples through the U.S. economy, as businesses and consumers alike prepare to pay. Yet for Chipotle (NYSE:CMG) customers,
Chipotle CEO details how chain will handle Trump tariff costs
Chipotle's top boss said that if tariffs go into effect, the company will absorb them. However, that could change if they become a "significant headwind."
Chipotle praised for ‘quality and size’ as it faces a ‘choppier’ consumer
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NBC News Exclusive: Chipotle CEO on chain's plan to address rising costs
In an exclusive interview with NBC News' Hallie Jackson, Chipotle CEO Scott Boatwright shared why he’s optimistic about the ...
Trump’s tariff chaos threatens an economy already flashing yellow lights
Layoffs are rising. Consumer spending — the backbone of the economy — unexpectedly dropped in January. Consumer confidence has plunged. A key GDP forecast suddenly turned negative. And extreme fear is ...
Chipotle Mexican Grill (CMG) Stock Can Rally 30% Higher, Says Morgan Stanley
Investors should look past near-term headwinds and buy the stock of Chipotle Mexican Grill (CMG), says investment bank Morgan ...
Chipotle: Rare Opportunity To Buy At A Truly Attractive Price
Chipotle stock is a 'Buy' with strong fundamentals, growth potential, and attractive valuation. Read an investment analysis ...
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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 following the departure of Brian Niccol to Starbucks. Before, he spent seven ...