Chipotle’s CEO Singles Out Beef Amid Stubbornly Higher Costs

Chipotle Mexican Grill Inc. Chief Executive Officer Brian Niccol said he’s not seeing any signs that inflation is slowing down, specifically highlighting higher beef costs. Chipotle, which last year added smoked beef brisket to its menu as a limited-time item, has already raised prices, but more increases may be on the table as expenses rise.