Unique Crypto Strategies
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

Unique Crypto Strategies

Business

Chipotle to launch Adobo Ranch dip after sluggish start to the year

by June 10, 2025
June 10, 2025

Chipotle Mexican Grill is hoping that Americans’ love for ranch will boost its sales.

On June 17, the burrito chain is launching Adobo Ranch, a spicier take on the iconic condiment that has transcended salads to adorn pizza, chicken wings and chips. The menu item is Chipotle’s first new dip since queso blanco, which launched in 2020.

The debut comes as Chipotle tries to recover from a rough start to the year. In the first quarter, the company reported its first same-store sales decline since 2020. Executives cited a pullback from consumers who had become more concerned about the economy.

The company also lowered the top end of its outlook for full-year same-store sales growth and said traffic wouldn’t grow until the second half of the year.

Shares of Chipotle have fallen 12% this year, dragging its market cap down to $71 billion.

But Adobo Ranch could help to boost the company’s sales if it draws cautious diners back to the chain’s restaurants.

The dipping sauce is made with adobo peppers, sour cream and herbs and spices, according to the company. Adding Adobo Ranch to an order will cost an extra 75 cents.

Ranch outsells ketchup, although NIQ retail sales data shows that mayo still holds the top spot as the favorite condiment of U.S. consumers.

This post appeared first on NBC NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Republicans challenge ‘irrelevant’ budget office as it critiques Trump’s ‘beautiful bill’
next post
Multiple explosions reported in Colombian city of Cali

You may also like

Netflix ad-supported tier has 70 million monthly users...

Immersive entertainment company Cosm lands rights to broadcast...

Walmart to pay $10 million to settle lawsuit...

Sports bar chain Twin Peaks is going public....

Macy’s turnaround hinges on revamping some stores and...

Chinese tea chain Chagee files for U.S. initial...

Anne Wojcicki to buy back 23andMe and its...

McDonald’s revenue disappoints as U.S. sales see worst...

Nintendo Switch 2 retail preorder to begin April...

Bumble shares jump 26% as dating company plans...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Trump turns to Supreme Court in fight to oust Biden-era consumer safety...

    • High grade gold in early stage drilling at Sandstone

    • 3 Key Themes from Fastmarkets’ 2025 Lithium Supply & Battery Raw Materials Event

    • Bush teams up with notorious Trump foes to trash ‘colossal mistake’ shuttering USAID

    • Trump’s ‘big, beautiful bill’ stalls in House amid conservative mutiny threats

    Categories

    • Business (533)
    • Investing (2,600)
    • Politics (4,198)
    • Uncategorized (1)
    • World (2,680)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: uniquecryptostrategies.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 uniquecryptostrategies.com | All Rights Reserved


    Back To Top