Chipotle’s Steve Ells Says Not Worried About Food Costs (Audio)

Steve Ells, chief executive officer and co-founder of Chipotle, says his company has higher food costs than “all of our competitors,” but also has a “very, very loyal customer base.” He talks with Bloomberg’s Tom Keene and Michael McKee on Bloomberg Radio’s "Bloomberg Surveillance." L. Tim Ryan, president of the Culinary Institute of America also joins the discussion.

Running time 06:41

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.