Advertisement
Advertisement
boatwright
[boht-rahyt]
Word History and Origins
Origin of boatwright1
Example Sentences
Since then, “the gap has widened, with low- to middle-income guests further reducing frequency,” Chipotle CEO Scott Boatwright told investors.
Chipotle Mexican Grill’s interim CEO, Scott Boatwright, similarly cited consumer headwinds, even though the burrito chain’s latest quarterly earnings met expectations.
“Earlier this year, as consumer sentiment declined sharply, we saw a broad-based pullback in frequency across all income cohorts,” Boatwright said during an analyst call on Oct.
Consumers making less than $100,000 represent about 40% of Chipotle’s total sales, and are dining out less frequently than in the past, Boatwright says.
“They’re just eating with us less frequently, and they’re eating at home more often,” Chipotle Chief Executive Scott Boatwright said in an interview.
Advertisement
Advertisement
Advertisement
Advertisement
Browse