• Chipotle customers are reporting ingredient shortages as the chain says it is facing high beef and shipping costs

    13 days ago - By Business Insider

    Hollis Johnson/Business Insider
    Customers say Chipotle locations are out of key ingredients like rice and steak.
    Chipotle says it is facing high beef and freight costs, but there is no system-wide shortage.
    Taco Bell, Starbucks, and other chains are also dealing with shortages.
    See more stories on Insider's business page .
    Some Chipotle locations are running out of key ingredients, according to customers posting online. While there is no official messaging from Chipotle, customers say that they've visited locations that were out of vegetables , guacamole , steak, rice, and even tortillas...
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  • Chipotle soars 13% to an all-time high as digital ordering and return of dine-in customers push revenue to pre-pandemic levels

    13 days ago - By Business Insider

    Chipotle is giving away a Tesla 3.
    Chipotle
    Shares of Chipotle soared 12.95% to reach new highs on Wednesday.
    Second-quarter earnings showed revenue came in at $1.89 billion, above the analyst consensus of $1.88 billion.
    Almost half of all sales at the fast-casual chain were digital.
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    Shares in Chipotle soared as much as 12.95% to reach new highs on Wednesday as a bumper second-quarter earnings call showed the fast-casual chain returning to pre-pandemic activity. Revenue came in at $1.89 billion, up 39%...
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  • Chipotle soars 13% to an all-time high as digital ordering and return of dine-in customers push revenue to pre-pandemic levels

    Chipotle soars 13% to an all-time high as digital ordering and return of dine-in customers push revenue to pre-pandemic levels

    13 days ago - By Business Insider

    Summary List Placement Shares in Chipotle soared as much as 12.95% to reach new highs on Wednesday as a bumper second-quarter earnings call showed the fast-casual chain returning to pre-pandemic activity.
    Revenue came in at $1.89 billion, up 39% year-over-year and a hair above the analyst consensus of $1.88 billion. Chipotle opened up 56 new locations and closed five, capitalizing on a surge of digital sales, which grew nearly 11%, as well as a recovery in in-person dining. Almost half of all sales were digital.
    The company also saw same-store sales, which excludes sales from new stores...
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