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CMG / McDonald's, Chipotle to raise menu prices in California next year as fast-food wages rise to $20

McDonald's, Chipotle to raise menu prices in California next year as fast-food wages rise to $20
McDonald's CEO Chris Kempczinski said the minimum wage hike could help the burger chain gain market share in California in the long term. Read More
Posted: Oct 30 2023, 12:07
Author Name: CNBC
Views: 112129

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McDonald's, Chipotle hiking menu prices after California raises fast-food minimum wage

By New York Post
October 31, 2023

McDonald's, Chipotle hiking menu prices after California raises fast-food minimum wage

McDonald's -- which revealed on Monday that it earned 14% more revenue in the third quarter compared to the same period last year -- already charges $ more_horizontal

Chipotle and McDonald's to Raise Prices in California After Minimum Wage Hike

By PYMNTS
October 30, 2023

Chipotle and McDonald's to Raise Prices in California After Minimum Wage Hike

Chipotle Mexican Grill and McDonald's plan to increase menu prices in California next year. The decision is a response to the state's forthcoming m more_horizontal

McDonald's, Chipotle to raise menu prices in California next year as fast-food wages rise to $20

By CNBC
October 30, 2023

McDonald's, Chipotle to raise menu prices in California next year as fast-food wages rise to $20

McDonald's CEO Chris Kempczinski said the minimum wage hike could help the burger chain gain market share in California in the long term. more_horizontal

Earnings Beat of the Week: Chipotle Has Strong Q3 as Customers Splurge on Burritos

By Investopedia
October 28, 2023

Earnings Beat of the Week: Chipotle Has Strong Q3 as Customers Splurge on Burritos

In this weekly feature, we highlight a company that reported earnings that came in outside of analysts' expectations, with a focus on what the beat or more_horizontal

Chipotle (CMG) Stock Rises on Q3 Earnings & Revenue Beat

By Zacks Investment Research
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Chipotle (CMG) Stock Rises on Q3 Earnings & Revenue Beat

Chipotle (CMG) third-quarter 2023 results are aided by robust comparable restaurant sales and expansion efforts. more_horizontal


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