Fast-food wage hike puts Democrats on defense as Californians worry about cost of living [Los Angeles Times (CA)]
Jack In The Box Inc. (JACK)
Last jack in the box inc. earnings: 2/19 04:05 pm
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Source: Los Angeles Times
Now, fast food is likely to join that list, as a $20 minimum wage mandate kicks in this week for workers at big chain restaurants including Jack in the Box, McDonald's, Chipotle, Starbucks and many others. The new sector-specific minimum wage could help pull half a million California fast-food workers out of poverty, but could also add one more cost concern for lower-income residents, as some business owners have already said that they are hiking prices in order to cover the mandate. “If it's for 50 cents, I would still come,” Ashley Ollarsaba, a Los Angeles mother of five said of potential price increases as she ate an ice cream cone at a McDonald's in Carthay Square on Monday. “If it's for a few dollars more, I don't know.” The fast-food wage law kicks in as state lawmakers debate how to drive down Californians' notoriously high electricity bills and grapple with an insurance crisis that is raising costs for many homeowners. Taken together, the issues highlight a challenge
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News
- Del Taco Opens Eighth Location in the Sunshine StateGlobeNewswire
- Can AI-powered drive-throughs save the day for fast food operators? [Los Angeles Times (CA)]Los Angeles Times
- Prices at California Chipotle, McDonald's and other fast-food chains are rising following minimum wage hike [FOX Business Network]FOX Business Network
- California's latest job-killing policy is more bad news for Golden Staters [FOX Business Network]FOX Business Network
- LEGENDARY MEDIA & MARKETING DEALMAKER MICHAEL KASSAN TO SPEAK AT 2024 OOH MEDIA CONFERENCE [Yahoo! Finance]Yahoo! Finance
JACK
Earnings
- 2/21/24 - In-Line
JACK
Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- JACK's page on the SEC website