Chipotle confirms prices set to increase

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Chipotle confirms prices set to increase
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Chipotle Mexican Grill has agreed to pay DC nearly $323,000 to settle child labor allegations.

“For the first time in over a year, we will be taking a modest price increase to offset inflation,” Laurie Schalow, Chipotle's Chief Corporate Affairs Officer, said in an emailed statement.

A spokesperson declined to comment further on the increase, citing the publicly traded company's quarterly earnings report on Oct. 26. Although Schalow's statement is true on its face, it is still the fourth time the chain has raised prices in two years,The last price increase was in August of 2022, when some items had their prices increased by about a dollar. Before that,It's unclear exactly what menu items will be affected by the price hike, or when it will take effect. It's possible the answers could come during the company's quarterly call with investors held after the earnings report is issued. remain mild.

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