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    Chipotle CEO Says Higher-Income Customers Give Company ‘Confidence’ To Keep Raising Prices: Report – Chipotle Mexican Grill (NYSE:CMG)

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You are at:Home » Chipotle CEO Says Higher-Income Customers Give Company ‘Confidence’ To Keep Raising Prices: Report – Chipotle Mexican Grill (NYSE:CMG)
Markets

Chipotle CEO Says Higher-Income Customers Give Company ‘Confidence’ To Keep Raising Prices: Report – Chipotle Mexican Grill (NYSE:CMG)

News RoomNews RoomFeb 8, 2026 1:10 am EST0 ViewsNo Comments2 Mins Read
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Chipotle Mexican Grill Inc. (NYSE: CMG) CEO Scott Boatwright was captured on a recording mentioning the business prepares to continue raising costs, mentioning market insights.

” We discovered that 60% of our core users are over $100,000 a year in earnings,” Boatwright stated in a viral video shared by X user @WallStreetApes. “That offers us self-confidence that we can lean into that group in a more significant method.”

The remarks came as Chipotle reported its fourth-quarter 2025 outcomes on Feb. 3.

Profits Beat Masks Functional Weak Point

Beating incomes expectations, Chipotle reported adjusted incomes per share of $0.25, above the $0.24 agreement, with profits of $2.98 billion, topping the $2.96 billion price quote.

Nevertheless, similar dining establishment sales decreased 2.5% year-over-year, driven by a 3.2% reduction in deals, partly balanced out by 0.7% typical check development.

Experts Cut Targets

Trading Metrics

Chipotle, the California-based fast-casual dining establishment chain, has a market capitalization of $219.53 billion, with a 52-week high of $124.17 and a 52-week low of $55.51.

The stock has a Relative Strength Index (RSI) of 53.13.

Benzinga’s Edge Stock Rankings suggest that CMG is experiencing long-lasting debt consolidation in addition to medium and short-term upward motion.

Picture: Shutterstock

Disclaimer: This material was partly produced with the aid of AI tools and was examined and released by Benzinga editors.

Market News and Data gave you by Benzinga APIs

To include Benzinga News as your favored source on Google, click on this link.

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