Chipotle CFO shrugs off potential $15 million hit from Mexican tariffs — This 'won't impact us'

इंडिया समाचार समाचार

Chipotle CFO shrugs off potential $15 million hit from Mexican tariffs — This 'won't impact us'
इंडिया ताज़ा खबर,इंडिया मुख्य बातें
  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

'[The tariffs] is an impact of about $15 million this year, a little bit more next year,' CFO Jack Hartung says.

threatens to slap 5% duties on all Mexican goods next week along with a series of rate hikes in coming months, Hartung said the food chain is "committed" to sourcing and producing their dishes from fresh ingredients.

In its first quarter of 2019, Chipotle doubled digital sales from the year prior, accounting for nearly 16% of sales. That was largely the result of growth in delivery, which also led to better margins. The company rang up $1.3 billion in revenue during the quarter, nearly 14% better year over year. "When we have a delivery order where the driver is going to come at noon, we're making it to be ready right at noon," and customers can count on it to be fresh, he said.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

CNBC /  🏆 12. in US

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Chipotle could raise burrito prices to cover the $15 million impact of Trump's tariffsChipotle could raise burrito prices to cover the $15 million impact of Trump's tariffsChipotle could raise burrito prices by roughly five cents in response to President Donald Trump's proposed tariffs on Mexican imports.
और पढो »

AMD stock surges on heavy volume; CFO makes about $3 million on a pre-scheduled stock tradeAMD stock surges on heavy volume; CFO makes about $3 million on a pre-scheduled stock tradeShares of Advanced Micro Devices Inc. soared 6.2% in active afternoon trade, enough to pace the chip sector's gainers and to put them on track to close at an...
और पढो »

Tearful Meghan McCain Opens Up About Father’s Dying Wish That She Be Given Her Own Daytime Talk ShowTearful Meghan McCain Opens Up About Father’s Dying Wish That She Be Given Her Own Daytime Talk ShowNEW YORK—Overcome with a swell of emotion while recalling the final words of Arizona senator John McCain, a tearful Meghan McCain opened up Thursday about how her late father’s dying wish was for her to be given her own daytime talk show. “My father was a genuine American hero, and it’s only right that we honor his departing wish of letting me anchor my own hit daytime talk show called Meghan In The Morning,” said a visibly choked-up McCain, claiming that her father didn’t spend five years as a prisoner of war in Vietnam just for people to invoke his memory in ways that didn’t further her television career whatsoever. “It’s hard not to get emotional when I remember how he held my hand on his deathbed and declared that I deserved to be number one in my time slot. He dreamed about seeing me, and me alone, interview the biggest names in Hollywood and Washington. He’s gone now, but if we honor his wishes—as we should—his memory can live on between 10 a.m. and 11 a.m. on a major network like ABC, or maybe CBS. It’s what he wanted.” McCain also revealed that her father’s dying words were, “Don’t accept anything less than a $15 million contract.”
और पढो »

Chipotle could raise burrito prices to cover the $15 million impact of Trump's tariffsChipotle could raise burrito prices to cover the $15 million impact of Trump's tariffsChipotle could raise burrito prices by roughly five cents in response to President Donald Trump's proposed tariffs on Mexican imports.
और पढो »

Mexican economy minister says impact of tariffs would hit all 50 U.S. statesMexican economy minister says impact of tariffs would hit all 50 U.S. statesMexico's Economy Minister Graciela Marquez said on Monday that the tariffs ...
और पढो »

Trump's Mexican tariffs likely to raise cost of your taco fix, Chipotle saysTrump's Mexican tariffs likely to raise cost of your taco fix, Chipotle saysChipotle Mexican Grill says its 2019 costs could rise by about $15M if President Trump’s proposed Mexico tariffs are enacted, and that the tariffs could possibly lead to raised prices.
और पढो »

Former Mexican Ambassador To U.S. Says Latest Tariffs Will Backfire On TrumpFormer Mexican Ambassador To U.S. Says Latest Tariffs Will Backfire On TrumpDonald Trump's threat to impose tariffs on Mexican goods will “boomerang,” warns Arturo Sarukhan, Mexico’s former ambassador to the U.S.
और पढो »

Tariffs on Mexican imports will ripple across the US economyTariffs on Mexican imports will ripple across the US economyIt's not only about avocados and auto parts. Imports from Mexico can be found in almost every part of the US economy.
और पढो »

U.S. Auto Makers Sweat Under Threat of Tariffs on Mexican ImportsU.S. Auto Makers Sweat Under Threat of Tariffs on Mexican ImportsPresident Trump’s threat to impose escalating tariffs on Mexican imports foists fresh bad news on the U.S. auto industry, which had pinned hopes on a tentative deal reached last year to preserve free trade between the countries.
और पढो »

Factbox: Effect of potential Mexico tariffs on U.S. companiesFactbox: Effect of potential Mexico tariffs on U.S. companiesU.S. companies have begun to respond to President Donald Trump's proposed t...
और पढो »



Render Time: 2025-02-27 05:46:21