Higher menu prices have helped offset rising food costs for Chipotle Mexican Grill, and customers have shown no pushback when asked to pay more, chain officials said Thursday.
The Denver-based fast-casual chain reported a 25-percent boost in profits for the quarter.
In a call with analysts following the report, Chipotle founder and co-chief executive Steve Ells said of the 11.3-percent increase in same-store sales during the quarter that about 4.6 percent was attributable to menu price increases. The remainder was the result of....