christiefan915
Catalyst
Another in my series of lessons for liberals. As the shrill cries rise on the Left (again) to raise costs for food service businesses, liberals will no doubt be overjoyed to learn how higher costs = higher prices.
Chipotle Mexican Grill Inc on Thursday said it may raise prices in 2014 to offset higher food costs, sending shares up 7.7 percent.
The chain has been reluctant to increase menu prices despite higher costs.
Chipotle's sales at restaurants open at least 13 months, a closely watched gauge of industry performance, were up 6.2 percent for the latest quarter.
Chipotle narrowed its full-year forecast for same-restaurant sales to mid-single-digit percentage growth. For 2014, it forecast low single-digit percentage growth, excluding menu price increases.
http://www.huffingtonpost.com/2013/10/17/chipotle-prices_n_4118627.html?utm_hp_ref=mostpopular
You see, liberals, higher prices may result in lower sales, which can lead to stagnation and contraction.
Then, workers have no jobs and are dependent on the government.
"Chipotle Mexican Grill Inc on Thursday said it may raise prices in 2014 to offset higher food costs..."
Maybe Chipotle should take their complaints to the manufacturers, distributors and purveyors instead of bleating about how they may be forced to lay off or cut back on employees. The problem started at the top, right?