Chipotle Sees Increased Demand for Protein Options Amid Rising Gas Prices
Chipotle reported a surprise same-store sales increase of 0.5% in Q1 despite expectations of a decline, driven by strong demand for its protein offerings such as the four-ounce adobo chicken cup and high-protein tacos priced at $3.50. The company is cautious about raising prices amid rising gas costs that are affecting consumer sentiment.
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Topics: Chipotle consumer behavior inflation protein menu items sales performance