A Chipotle worker anonymously shared that the company's dreaded price increases are quickly approaching - and potentially more extreme than expected.
The Mexican grill chain announced in February that they were raising prices by 1 to 2 percent this year when CEO Scott Boatwright said during the fourth-quarter earnings call that the company was focused on increasing revenue amid weak sales.
Two months later, the anonymous employee said their general manager at an East Coast location showed them the updated menu board reflecting the changes.
'Beware,' they titled the post on Reddit. 'Chipotle is raising the prices by a $1.
'Don't know when this will take effect or if it'll only be in my area. But from a chicken bowl being $9.15, it'll be $10.15. Before taxes.'
If the company followed the initial menu price change they proposed in February, the one to two percent increase for a chicken bowl would be between $9.24 to $9.33. Instead, the price is a 10.93 percent increase.
Online users were shocked to hear the news, with one writing: 'When I first started eating Chipotle back in like 2016, it was $7.50 for a chicken bowl.'
Another had strong words for Boatwright, writing: 'Haven't been back since the CEO said I could afford higher prices. F**k Chipotle.'
Others in the comments reported high prices in their own areas, with some citing $11.50 in New York City, $10.35 in Northern California and others claiming as high as $14.50 in unspecified locations.
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