Chipotle Eyes Tariff Impact
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fluid tariff situationYahoo Finance
•Business
Business & Economics
Chipotle CFO: No price hikes in the near future while we watch the impact of tariffs on food
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82% Informative
Chipotle CFO Adam Rymer said the company is keeping a "close eye" on the fluid tariff situation.
The tariffs are estimated to have an ongoing 60 basis points impact on its cost of sales if they were to go into effect.
If tariffs turn out to be a "permanent" hit, Chipotle would increase prices to offset the effect.
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