Companies

Chipotle’s Sales Growth Stabilizes as It Battles Higher Costs and Expands Globally

Chipotle’s Sales Growth Stabilizes as It Battles Higher Costs and Expands Globally
Workers fill food orders at a Chipotle restaurant in San Rafael, Calif., on April 1, 2024. Justin Sullivan/Getty Images
Panos Mourdoukoutas
|Updated:
0:00
News Analysis

After several disappointing quarters, Chipotle’s sales growth stabilized in the last quarter of 2024. The fast-casual restaurant chain is trying to shake off higher food and wage costs and become a global brand through new restaurant openings.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”