Chipotle knows inflation is real: - Increased wages to $15/hour - Increased prices about 4% - Q2 revenue higher than pre-pandemic “There’s still that possibility that we could take additional pricing action to fully close the gap...So far, really, really good." - Chipotle CFO
Whirlpool won't be left behind: “We are confident that sustained strong consumer demand and our previously announced cost-based pricing actions will offset the impact of global supply constraints and rising input costs." - CEO Raw materials go up = Prices go up. Simple math.