I think it’s just a classic case of profit maximization. Chipotle felt pressure from shareholders to continue increasing profit every quarter, and that inherently involves cutting costs and increasing prices
Yeah, it’s pretty annoying - publicly traded companies must constantly be growing. Something like a restaurant cannot just be successful in making a mere profit, oh no, it has to be compared to last quarter/last year…even if it means endangering everything that made the restaurant successful in the first place…
I think it’s just a classic case of profit maximization. Chipotle felt pressure from shareholders to continue increasing profit every quarter, and that inherently involves cutting costs and increasing prices
Yeah, it’s pretty annoying - publicly traded companies must constantly be growing. Something like a restaurant cannot just be successful in making a mere profit, oh no, it has to be compared to last quarter/last year…even if it means endangering everything that made the restaurant successful in the first place…