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 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 CEO says company will absorb any cost increases from tariffs
The burrito purveyor is largely insulated from many of the costs stemming from the tariffs President Donald Trump has proposed.
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 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’s CEO says the company will absorb any price increases as tariffs on Mexico are set to hit 50% of its avocado supply
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 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."
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 company’s future in 2025, the impact U.S. tariffs on Mexico and Canada could have on his supply chain,
QSR magazine27d
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 ...
Chipotle makes pricing pledge to customers
Chipotle makes a major announcement about its prices only days before the Trump tariffs are to go into effect.
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 ...