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.
Will Chipotle Raise Prices Because of Trump Tariffs? CEO Issues Update
Chipotle Mexican Grill has announced that it does not plan to raise prices in response to tariffs imposed by the Trump administration on Mexican imports. CEO Scott Boatwright stated that the company will absorb the additional costs,
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 CEO shares how restaurant chain will handle Trump tariff costs
Chipotle’s CEO detailed how the company will handle President Donald Trump’s tariff-related cost increases. Here's what to know.
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 will absorb tariff-related cost increases, CEO says
With the Trump administration's 25% tariff on all Mexican imports set to take effect Tuesday, Chipotle has pledged to absorb potential cost increases.
Target CEO joins swarm of Fortune 500 executives warning of bigger bills as Trump’s tariff fallout hits the grocery aisle
Target shoppers can expect to see price increases on produce “over the next couple of days,” boss Brian Cornell said on ...
Chipotle Ready To Eat Tariff Costs, Won't Charge Customers More: 'We Don't Think It's Fair To The Consumer'
Chipotle will see higher food costs with Donald Trump's tariffs on Mexico. Here's what the company's CEO said the restaurant ...
CNET on MSN20h
Tariffs Explained: What They Mean for You Amid Canada-Mexico Duties Chaos
Major US tariffs against Canada and Mexico are now in effect, igniting fears of a recession and broader trade war, though ...
Chipotle praised for ‘quality and size’ as it faces a ‘choppier’ consumer
Chipotle Mexican Grill’s stock rose Monday after the restaurant chain picked up a fresh upgrade from Morgan Stanley and the ...