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.
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 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’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 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.
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Chipotle says it will absorb any tariff price increases and not pass them to consumer
Chipotle CEO Scott Boatwright said the fast casual restaurant plans to absorb any increased production costs caused by Donald Trump’s upcoming tariffs on goods from Canada, Mexico, and China ...