A new robot called the “Autocado” is helping Chipotle workers make guacamole.
"The good news is, we're driving traffic, and, obviously, that traffic is resulting in same store sales growth," Niccol said."And, frankly, our supply chain team, our operators, have done a great job of managing labor, managing costs along the way."Sign up for NBC Philadelphia newsletters.
Excluding the pullback in the cost of avocados, Niccol said Chipotle is still feeling the effects of inflated food prices. However, he added that the company will"keep an eye on it" and is prepared to adjust its prices accordingly. Niccol also touted Chipotle's"Autocado" robot prototype. He said he'd been hearing consistently from workers about the difficulty of prepping avocados, which require cutting, quartering and peeling. He said the 'Autocado' not only makes workers' jobs easier, but it allows them to recover faster if they find they haven't prepared enough guacamole for the day.
"We challenged our team to come up with a robotic or an automated solution, and we've got one that's a prototype, it's the 'Autocado,'" Niccol said."We're pretty excited about what it can do for us."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chipotle Mexican Grill is about to report earnings. Here's what to expectChipotle's stock has climbed 50% year to date.
Read more »
Chipotle sales rise but fall short of Wall Street's expectationsChipotle reported quarterly earnings that crushed expectations, but the burrito chain’s sales fell short. More here:
Read more »
Chipotle stock drops 8% after Q2 earnings as company says inflation hit popular menu itemsChipotle Mexican Grill Inc. shares fell 8% in the after-hours session Wednesday after the fast-casual restaurant chain beat Wall Street expectations for its...
Read more »
Chipotle shares slide as sales fall short of Wall Street's expectationsChipotle reported quarterly earnings that crushed expectations, but the burrito chain’s sales fell short. More here:
Read more »
Stocks making the biggest moves after hours: Meta Platforms, Chipotle Mexican Grill, ServiceNow and moreSee which stocks are posting big moves after the bell.
Read more »
Chipotle sales disappoint Wall St as inflation eats into demandChipotle Mexican Grill missed Wall Street estimates for quarterly sales on Wednesday, signaling that demand for its rice bowls and burritos was losing steam in the face of higher menu prices and waning household budgets.
Read more »