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Benzinga
Benzinga
Business
Surbhi Jain

Chipotle CEO Says Gen Z Is Eating Out Less — But He's Not Lowering Prices

Chipotle CMG NYSE Cava
chipotle dall-e

Chipotle Mexican Grill Inc's (NYSE:CMG) cult following may not be recession-proof after all. CEO Scott Bowright admitted during Chipotle’s third quarter earnings call that younger and lower-income consumers are pulling back — but he's drawing a firm line: no discounts.

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