
CosmicTaco
Chipotle's Q4 Earnings Beat Amid Price Hikes
- Chipotle's Q4 earnings exceeded expectations despite a 2% price hike, with revenue hitting $2.85 billion, a 13.1% increase.
- Same-store sales rose 5.4%, but shares dropped 4% due to weak 2025 sales growth forecast.
- CEO Scott Boatwright emphasized guest service and announced plans for 315-345 new locations, many with drive-thru 'Chipotlanes'.
Source: Quartz, Pr Newswire
13mo ago
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