Chipotle CFO: No price hikes in the near future while we watch the impact of tariffs on food
CFO Adam Rymer told Yahoo Finance that the company is keeping a "close eye" on the fluid tariff situation. The Trump administration announced a 25% tariff on Mexican and Canadian imports, set to take ...
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Chipotle says it's getting more avocados from outside Mexico. It could get impacted by Trump's tariffs anyway.
Chipotle has spent years diversifying where ... "Only about 50% of our avocado supply today is coming out of Mexico." About 90% of all avocados consumed in the US come from Mexico, according ...
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Chipotle (NYSE:CMG) Unfazed by Mexico Tariff Risks to Already High Avocado Prices
Chipotle Mexican Grill (CMG ... CMG is facing a steep rise in avocado prices, which are up 14% from a year ago. But CEO Scott Boatwright downplayed the impact of tariffs adding to cost pressures ...
Chipotle downplays looming Trump tariffs, says only half of its avocados are from Mexico
In recent years, Chipotle has taken steps to buy more of its avocados outside of Mexico, CEO Scott Boatwright said.