Chipotle has emphasized that it continues to serve «generous portions» in response to customer complaints circulating on social media about allegedly smaller serving sizes.
Interim CEO Scott Boatwright told analysts on Tuesday that users are now sharing photos on social media showcasing large burritos and bowls, showing enthusiasm for the portions they receive at Chipotle.
«This is a shift from what we observed earlier this year,» Boatwright said, referencing a period when TikTok users frequently posted videos of themselves asking for extra toppings while watching their bowls being assembled.
“We’re confident we’re providing strong value to our customers, especially given the current economic pressures, and we plan to keep building on that momentum,” he added.
Chief Financial Officer Adam Rymer also informed analysts that ingredient usage had risen in the last quarter due to the brand’s commitment to maintaining portion size consistency and generosity.
However, this approach has also led to increased costs—particularly for ingredients like dairy and avocados, according to Rymer.
Despite the rising expenses, Wall Street responded positively, with several investment firms raising their price targets for Chipotle stock.
CFRA’s senior research VP Arun Sundaram noted that the company «basically had no choice» but to boost portion sizes after the backlash online. He also predicted that larger servings could help boost in-store traffic, especially when combined with new limited-time promotions.
In July, then-CEO Brian Niccol addressed the criticism after it first gained traction on social media, stating there had “never been a directive to short-change customers.” He reinforced that generous servings have long been a cornerstone of Chipotle’s brand identity.
Meanwhile, in response to the social media uproar, Wells Fargo analyst Zachary Fedam conducted a study by collecting and weighing 75 burrito bowls across eight different Chipotle locations in New York City. The team compared results from both in-person and digital orders.
Findings showed that the lightest bowl weighed 13.8 ounces, while the heaviest came in at 26.8 ounces.
The report highlighted a wide range in portion consistency, with some stores serving bowls that weighed around 33% more than others with the same order. Additionally, digital orders were up to 87% heavier than the lightest ones, and in-store orders were up to 47% heavier.
FOX Business journalist Sydney Borchers contributed to this article.
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