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Search resuls for: "Jack Hartung"


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☆ Chipotle says customers aren't skipping guac or choosing cheaper proteins despite price increases
  + stars: | 2022-10-26 | by ( Mary Meisenzahl | ) www.businessinsider.com   time to read: +3 min
Chipotle's CEO says customer orders have remained "consistent" despite price increases. Chipotle raised prices in August following two earlier increases in the last 18 months. Most customers aren't changing their regular orders or switching to less expensive proteins, he said. In the first quarter of 2022, Chipotle raised menu prices by 4%, CFO Jack Hartung told investors on an earlier call. Sales continue to grow faster than price increases, up 14% in the third quarter over the same period in 2021.
☆ Papa John's is the latest employer to offer free college for frontline workers
  + stars: | 2022-09-28 | by ( Jessica Dickler | ) www.cnbc.com   time to read: +3 min
In this article CTRN Follow your favorite stocks CREATE FREE ACCOUNTwatch nowIn a war for talent, employers are drastically expanding their benefit offerings to attract and retain workers. More from Personal Finance:Inflation and higher rates are a ‘dangerous mix’Companies are slashing parental leave benefitsHere are the 'most employable' college degrees "Wherever you can differentiate yourself is pretty critical," said Marvin Boakye, Papa John's chief people and diversity officer. Now, nearly half, or 48%, of employers said they offer undergraduate or graduate tuition assistance as a benefit. "We're seeing it shift a little in how they are thinking about attracting talent," according to Buban. "The majority of our leadership team were delivery drivers and moved up through the organization," Papa John's Boakye said.
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