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Chipotle CEO says chain is making 'meaningful progress' on a major customer concern
Chipotle CEO Scott Boatwright said Wednesday the fast-casual chain is seeing improvement in customers’ perceptions of affordability.Speaking on Chipotle’s second-quarter earnings call, Boatwright said the company’s brand tracking showed improved perceptions of value across "all income groups and age cohorts.""As it relates to value, I'm happy to report our brand tracker showed really solid progress across all income groups and age cohorts on value perception," Boatwright said. "Our affordability scores were better in Q2 than they've been in probably the past couple of years."He noted that cust...11 hours ago
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