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Chipotle lovers (CMG) can still add a gouge to Borito without violating their wallets.
Financial Director Adam Rimmer Yahoo told the company that the company is “closely” in the position of a liquid tariff. The Trump administration announced a 25 % tariff on Mexican and Canadian imports, which is scheduled to enter into force within about a month, and an additional 10 % tariff on Chinese goods that came into effect on Tuesday.
“We do not necessarily want to act quickly,” he said, stressing that there will be no increase in prices in the near future. “We will be very patient when it comes to this to get an idea if this will be permanent or if it is not aged at all.”
“When the definitions come, we can absorb these costs for a very long time,” Rimmer added. If the definitions turn to “permanent” success, then Chipotle will increase the prices to make up for the effect but not to develop its margins. It is estimated that the customs tariff has a constant effect of 60 basis points on the cost of sales if it will enter into force.
Read more: What are the definitions, and how do you affect you?
Only 2 % of Chipotle sales cost comes from Mexico, “which includes avocado, tomatoes, lemon and pepper.” Sharon Zakavia wrote in a memo that the company used to import 90 % of Avocado from Mexico, but now it imports half of Mexico, the other half of Colombia, Peru, and the Dominican Republic, in a note.
However, Zackfia indicated that the potential risks of stocks include “huge exposure to avocado.”
They are sources less than 0.5 % of the cost of sales from Canada and China.
“We do not depend completely on one area … We will continue to make sure that we are diverse, but this is not something we can switch very quickly. But we did this over time, and we will do this. Continue to do this over time.”
If the definitions do not come into effect, food margins must improve for the year 2025 compared to the previous year, for each NATO, Bank of America. In 2024, Chipotle had to face the high prices of avocado and invest in parts of parts.
On Tuesday, Chipotle reported the results of the fourth and entire year, which were largely in line with analysts’ estimates. However, the 2025 governorate’s instructions for the growth of store sales themselves in the same two -digit range to the middle of the number have been issued.
For Q4 and Fiscal 2024, Chipotle reported about the growth of the store itself by 5.4 % and 7.4 %, respectively.
The value will remain a major strategy. The CEO of Scott Boatwright told investors in a profit call on Tuesday, as the company obtained its share in the market from the fast service players in 2024, with a average discount on average “for its peers. The company raised prices in December by 2 %.
