Tortilla swings to loss after ‘unprecedented’ food and energy inflation
But the Mexican food chain insisted sales were doing well as more people opt for value-for-money meals over dining out.
Burrito chain Tortilla Mexican Grill has revealed it swung to a loss last year as it came under pressure from “unprecedented” food and energy costs, and avoided raising its prices above inflation.
The fast-casual restaurant chain insisted its sales have benefited from consumers opting for value-for-money meals over dining out at restaurants.
Its revenues jumped by a fifth to a record-high £58 million in 2022, after it opened 18 new restaurants across the UK.
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