Chipotle isn't worried about Mexican avocados amid tariffs
Chipotle is unfazed by Trump tariffs on foreign imports despite using Mexican avocados in its iconic guacamole.
Major restaurant chain isn't worried about Mexican avocados
SIGN UP for TheStreet’s FREE Daily newsletter 💰💸 As good as avocados may be, they are a pricey delicacy. Even though the cost is still manageable, how much more are clients willing to pay for the extra guacamole if the price is already high enough?
Amid tariff worries, Chipotle CEO says about 50% of the chain's avocados are sourced from Mexico
Chipotle CEO Scott Boatwright told CNBC’s Jim Cramer the burrito maker has managed to diversify its avocado supply.
Chipotle says it's getting more avocados from outside Mexico. It could get impacted by Trump's tariffs anyway.
Chipotle has new sources of avocados in Colombia and Peru, its CEO said. But the chain might still take a hit from Trump's potential Mexico tariffs.
Chipotle downplays looming Trump tariffs, says only half of its avocados are from Mexico
Chipotle Mexican Grill does not expect a major disruption from President Donald Trump's potential tariffs on Mexico, and said it only sources about half of its avocados from Mexico. If Trump goes ...
Chipotle (NYSE:CMG) Unfazed by Mexico Tariff Risks to Already High Avocado Prices
Chipotle Mexican Grill (CMG) sought to downplay the impact on its costs if key ingredients such as avocados from Mexico or beef from Canada
Why Tariffs on Mexico May Hurt Chipotle Less Than You Think
Key Takeaways Chipotle gets half its avocados from outside Mexico, according to CEO Scott Boatwright; meanwhile, the U.S. imports more than 90% of its avocados, and Mexico accounts for nearly 90% of those imports,
Chipotle Shares Fall Despite Continued Traffic Gains. Is This a Buying Opportunity for the Stock?
Chipotle Mexican Grill (NYSE: CMG) slipped following the release of its fourth-quarter results, despite the company reporting ...
Chipotle assesses fallout from Mexico tariffs, forecasts tepid annual sales growth
Chipotle Mexican Grill said on Tuesday that if President Donald Trump's proposed tariffs on Mexico go into full effect, the ...