Chipotle expects modestly higher sales this year as drive-thru ‘Chipotlanes’ come to more stores

Chipotle expects modestly higher sales this year as drive-thru ‘Chipotlanes’ come to more stores

Chipotle is forecasting a modest uptick in sales for the year, buoyed by expanding its popular "Chipotlanes" drive-thru service. The company credits menu-price hikes and rising beef costs for part of the increase, while also noting that consumers' preference for higher protein diets is driving greater protein usage. This strategic shift reflects a broader trend in the fast-casual sector, where companies adapt to changing consumer preferences and economic pressures.

Original Source

Read the full article at Marketwatch →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.