As fast food workers see pay increase, restaurants raise menu prices [Yahoo! Finance]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Yahoo! Finance
Customers in Alameda are feeling the sting of the minimum wage increase. "Just about everything on the menu has gone up," said Taco Bell customer Garrett Alcobendez. In California, the minimum wage for fast food workers went up to $20 an hour on April 1. A spokesperson for a coalition of franchises said it's not up to corporate brands to make pricing recommendations, it's up to small business owners to figure out how to offset the cost of new minimum wage. Pamela Mejia, who works at a McDonald's in San Jose, said she hasn't seen the impact yet, because her hours were cut shortly after the wage increase. "To me, it will have a big impact because as a minimum wage worker I was earning $18.20," she said in Spanish, as a translator with the California Fast Food Workers Union interpreted. It's happening at a lot of fast-food joints, where managers are raising prices and reducing hours. Sanjeet Kumar, the district manager of Carl's Jr. in Alameda, said prices at his restauran
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MCD
News
- Here are 10 Columbus restaurants near the Breakaway Music Festival [USA TODAY]USA TODAY
- Not So Happy Meal: McDonald's Menu Price Has Increased By More Than 100%, Some More Than 200% In The Past Decade [Yahoo! Finance]Yahoo! Finance
- McDonald's exec says average menu item costs 40% more than in 2019 [Yahoo! Finance]Yahoo! Finance
- Fast food discounts are a 'necessary evil' right now: Analyst [Yahoo! Finance Canada]Yahoo! Finance Canada
- Fast food inflation: Which chains are hiking their prices the most? [Yahoo! Finance]Yahoo! Finance
MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 5/31/24 - Form 3
- 5/30/24 - Form 4
- 5/30/24 - Form 144
- MCD's page on the SEC website