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Tariffs on Mexico May Hurt Chipotle
Why Tariffs on Mexico May Hurt Chipotle Less Than You Think
Key Takeaways Chipotle gets half its avocados from outside Mexico, according to CEO Scott Boatwright; meanwhile, the U.S. imports more than 90% of its avocados, and Mexico accounts for nearly 90% of those imports,
Chipotle assesses fallout from Mexico tariffs, forecasts tepid annual sales growth
Chipotle Mexican Grill said on Tuesday that if President Donald Trump's proposed tariffs on Mexico go into full effect, the burrito maker would see a roughly 60-basis-point impact on its raw material costs this year.
Amid tariff worries, Chipotle CEO says about 50% of the chain's avocados are sourced from Mexico
Chipotle CEO Scott Boatwright told CNBC’s Jim Cramer the burrito maker has managed to diversify its avocado supply.
2h
on MSN
Chipotle adds hundreds of new restaurants in record-breaking year
While other fast casual chains struggle with closures and bankruptcies, the company reports growing revenue and margins.
1d
on MSN
Chipotle CFO: No price hikes in the near future while we watch the impact of tariffs on food
Chipotle (CMG) lovers can still add guac to their burritos without busting their wallets. CFO Adam Rymer told Yahoo Finance ...
2h
on MSN
How to trade Chipotle (CMG) stock after Q4 earnings decline?
Chiptole expects weakness in its same-store sales in 2025. CMG is currently down nearly 20% versus its 52-week high.
2d
CMG Earnings: Chipotle Mexican Grill’s Stock Dips as Financial Results Match Targets
Shares of Chipotle Mexican Grill (CMG) are down 5% after the quick-service restaurant chain reported fourth-quarter 2024 ...
1d
Chipotle Q4 earnings largely meet Wall Street estimates, shares drop on conservative guidance
Chipotle (CMG) had to fight off multiple headwinds to meet expectations for its fourth quarter. The burrito chain contended ...
2d
on MSN
Chipotle is giving away free food during the Super Bowl
The day after the Super Bowl, Chipotle Rewards members can get a free side of guac and queso blanco with the purchase of any ...
Tasting Table on MSN
2d
Here's How Chipotle Prepares Its Barbacoa Beef For Tender Results
Ever wonder how Chipotle manages to prepare the perfect barbacoa? Here is how they ensure that each bite is as tender as the ...
1d
on MSN
Chipotle Stock Slips on Soft Sales, Potential Impact of Threatened Tariffs
Chipotle Mexican Grill shares fell Wednesday, a day after it missed revenue and same-store sales estimates, and tried to downplay concerns about the effects of possible U.S. tariffs.
1d
on MSN
Chipotle is off to a ‘rough’ start in 2025. Some analysts think it will get better.
Chipotle’s outlook didn’t factor in President Trump’s new tariffs. Analysts noted that it also didn’t factor in any gains for ...
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