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Stock impact report

These California fast food restaurants raised menu prices [Yahoo! Finance]

Chipotle Mexican Grill, Inc. (CMG) 
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.chipotle.com
Company Research Source: Yahoo! Finance
Since the minimum wage went up to $20 an hour April 1, many restaurants have raised their prices and one research company looked at 20 different fast food chains and found that many of their items went up in cost. RELATED COVERAGE: $20 minimum wage goes into effect for California fast food workers California businesses exempt from $20 minimum wage hike California minimum wage shocks fast food workers as restaurant closes: 'Only the beginning,' ex-manager warns Burger King, In-N-Out and other chain locations in California raise prices after minimum wage increase: report Which ones got more expensive? Wendy's raised its prices by about 8%, while Chipotle hiked up its prices by 7.5%. Starbucks raised the prices of its menu items by 7%, while Taco Bell hiked its prices by 3%. Burger King raised its prices by 2%, according to Kalinowski Equity Research. Gov. Gavin Newsom signed the legislation, AB 1228, into law in September. In addition to the pay raises, it also establishe Show less Read more
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