financetom
Business
financetom
/
Business
/
Chipotle Mexican Grill to hire 20,000 additional workers for 'burrito season'
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Chipotle Mexican Grill to hire 20,000 additional workers for 'burrito season'
Feb 19, 2025 6:42 AM

(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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Arcellx Insider Sold Shares Worth $1,208,435, According to a Recent SEC Filing
Arcellx Insider Sold Shares Worth $1,208,435, According to a Recent SEC Filing
Aug 2, 2024
04:11 PM EDT, 08/02/2024 (MT Newswires) -- Christopher Heery, Chief Medical Officer, on August 01, 2024, sold 20,000 shares in Arcellx ( ACLX ) for $1,208,435. Following the Form 4 filing with the SEC, Heery has control over a total of 9,278 shares of the company, with 9,278 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1786205/000141588924020601/xslF345X03/form4-08022024_080854.xml ...
Colgate Palmolive Insider Sold Shares Worth $3,978,660, According to a Recent SEC Filing
Colgate Palmolive Insider Sold Shares Worth $3,978,660, According to a Recent SEC Filing
Aug 2, 2024
04:11 PM EDT, 08/02/2024 (MT Newswires) -- Panagiotis Tsourapas, Group President, Europe and Developing Markets, on July 31, 2024, sold 40,000 shares in Colgate Palmolive ( CL ) for $3,978,660. Following the Form 4 filing with the SEC, Tsourapas has control over a total of 78,717 shares of the company, with 5,146 shares held directly and 73,571 controlled indirectly. SEC...
Ocugen Closes $35 Million Common Stock Offering
Ocugen Closes $35 Million Common Stock Offering
Aug 2, 2024
04:05 PM EDT, 08/02/2024 (MT Newswires) -- Ocugen ( OCGN ) said Friday it closed an underwritten public offering of about 30.4 million common shares at $1.15 per share for gross proceeds of $35 million. Net proceeds from the offering are expected to be used for general corporate purposes, capital expenditures, working capital, and general and administrative expenses. ...
Generac Holdings Insider Sold Shares Worth $779,900, According to a Recent SEC Filing
Generac Holdings Insider Sold Shares Worth $779,900, According to a Recent SEC Filing
Aug 2, 2024
04:06 PM EDT, 08/02/2024 (MT Newswires) -- Aaron Jagdfeld, Director, Chief Executive Officer, on August 01, 2024, sold 5,000 shares in Generac Holdings ( GNRC ) for $779,900. Following the Form 4 filing with the SEC, Jagdfeld has control over a total of 572,177 shares of the company, with 572,177 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1474735/000143774924024480/xslF345X03/rdgdoc.xml Price: 142.87, Change: -0.01,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved