Chipotle Says Value Keeps Customers Coming Back Despite Rising Prices

Higher prices at Chipotle haven’t kept customers from visiting and spending at the fast-casual restaurant.They’re doing so because of value, executives said during the company’s quarterly earnings call.Chipotle saw its comparable restaurant sales increase 7% year over year during the first quarter, the company said in a Wednesday (April 24) earnings release.The company attributed that increase to higher transactions of 5.4% and a 1.6% increase in average check.Chipotle has also seen an increase in “side att ...