Feb 19 (Reuters) - Chipotle Mexican Grill ( CMG ) will
hire 20,000 additional employees for the period of March to May
as the company gears up to cater to a surge in demand for its
so-called "burrito season" during spring.
Demand for Chipotle's premium burritos and bowls has
been stable, even as value-seeking diners have tempered their
spending on fast food amid inflation and lack of wage growth.
The company, which operates over 3,700 restaurants in the
U.S., had last year hired 19,000 additional workers, both
full-time and part-time, to deal with increased footfall in its
busiest period of the year.
Chipotle's revenue rose 18.2% in the second quarter of last
year, helped by the return of its popular burrito bowl Chicken
Al Pastor, as well as from consumers dining at its stores in the
warmer months.
However, the company has taken a tempered view on annual
sales this year as President Donald Trump's tariffs on imports
threaten to fuel inflation in the country, which could hit
demand for dining out.