Chipotle continues to raise prices, yet Millennials, gym rats, and health-conscious consumers, including Gen Z, are still buying burritos. Despite the price hikes, Chipotle outperforms competitors with higher-income customers. The company plans to expand with 300 new locations in 2024.
Tex-Mex powerhouse @ChipotleTweets experienced strong foot traffic growth throughout the past 12 months, with the chain outperforming the wider Fast-Casual segment in every month analyzed, in part due to its expansion. The company plans to add around 300 new locations in 2024. https://t.co/6GX3IJ8Dja
🇺🇸 From McDonald's to Chipotle, here are the restaurants that have decided to raise menu prices in California https://t.co/1abpuV4aM4
Chipotle kicks off Middle East expansion with first Kuwait restaurant - my story for @MarketWatch #Chipotle $CMG https://t.co/4k9eklt6Mf
This place is so mid.... Despite repeated price increases, Chipotle is outperforming restaurant competitors with customers who tend to have higher incomes and be health conscious https://t.co/1T4GsKwTES via @WSJ
Health-conscious Gen Z, millennials keep buying Chipotle despite price hikes: report https://t.co/QjfKIVxldG https://t.co/2heahI0n2l
🇺🇸 Chipotle keeps raising prices. Gym rats and millennials are still buying burritos https://t.co/YoSyhYQei8
"Chipotle Keeps Raising Prices. Gym Rats and Millennials Are Still Buying Burritos." @wsj https://t.co/F9nSXgT1hr
So @ChipotleTweets keeps raising prices and Millennials and gym rats keep buying. But aren't we headed for a recession? At what price will you say no? $10 a burrito, $20, $30? https://t.co/3bu1EtQv20