Rival restaurants are doing it, so why not Chipotle?
Chipotle (CMG 0.17%) has been talking about a potential price hike for a while, but it hasn't touched menu prices in over a year. Meanwhile, competitors like Panera Bread (PNRA) and McDonald's (MCD 0.38%) have boosted prices, giving a lift to both sales and profits. In the video below, Fool contributor Demitrios Kalogeropoulos discusses what's kept Chipotle from doing the same, and what investors can expect from the company in the quarters ahead.
Fool contributor Demitrios Kalogeropoulos owns shares of McDonald's. Erin Miller has no position in any stocks mentioned. The Motley Fool recommends Chipotle Mexican Grill, McDonald's, and Panera Bread. The Motley Fool owns shares of Chipotle Mexican Grill, McDonald's, and Panera Bread. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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