Jun 09, 2021
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About this Deal
It's not your imagination. Your Chipotle burrito now costs more.
The fast-casual chain has raised menu prices between 3.5 and 4% to help offset an increase in employee wages, Chipotle Chief Financial Officer Jack Hartung said at the Baird Global Consumer, Technology & Services Conference Tuesday.
Chipotle announced in May it was hiring 20,000 new employees and raising its average hourly wage to $15 by the end of June. Starting pay will range from $11 to $18 an hour, the company said.