Tariffs on Mexico May Hurt Chipotle

Why Tariffs on Mexico May Hurt Chipotle Less Than You Think
Key Takeaways Chipotle gets half its avocados from outside Mexico, according to CEO Scott Boatwright; meanwhile, the U.S. imports more than 90% of its avocados, and Mexico accounts for nearly 90% of those imports,
Amid tariff worries, Chipotle CEO says about 50% of the chain's avocados are sourced from Mexico
Chipotle CEO Scott Boatwright told CNBC’s Jim Cramer the burrito maker has managed to diversify its avocado supply.
Chipotle says it's getting more avocados from outside Mexico. It could get impacted by Trump's tariffs anyway.
Chipotle has new sources of avocados in Colombia and Peru, its CEO said. But the chain might still take a hit from Trump's potential Mexico tariffs.
Chipotle isn't worried about Trump's tariffs — or guacamole
Chipotle downplayed concerns about potential tariff hikes on imported ingredients like avocados and chicken during the company’s Feb. 4 earnings call.
If tariffs happen, Chipotle says it is ready
About half of the fast-casual chain's avocados come from Mexico and sourcing has shifted to other countries. Food costs would likely
Chipotle (NYSE:CMG) Unfazed by Mexico Tariff Risks to Already High Avocado Prices
Chipotle Mexican Grill (CMG) sought to downplay the impact on its costs if key ingredients such as avocados from Mexico or beef from Canada
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Chipotle (CMG) lovers can still add guac to their burritos without busting their wallets. CFO Adam Rymer told Yahoo Finance ...