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.

Anna Wise
Tuesday 28 March 2023 14:35 BST
The company acquired rival Mexican chain Chilango last year (Tortilla/PA)
The company acquired rival Mexican chain Chilango last year (Tortilla/PA)

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.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in