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Stock impact report

Fast food is getting more expensive as minimum wages rise [DailyFinance (AOL.com)]

Texas Roadhouse, Inc. (TXRH) 
Last texas roadhouse, inc. earnings: 2/20 04:03 pm Check Earnings Report
Company Research Source: DailyFinance
Filed under: Finance , Business , Industry Chains including Chipotle , Texas Roadhouse, and Habit Burger have recently mentioned plans to explore raising prices.  The cost of eating out is expected to rise by 2 to 3% in 2019, after growing 2.8% in 2018, according to US Department of Labor data.  The rising prices come as minimum wages rise and unemployment remains low.  Rising minimum wages might mean a pricier burrito in 2019.  From Denny's to Chipotle, chains' CEOs say the biggest challenge in 2019 is workers' skyrocketing pay Furious people are destroying their razors after watching Gillette's ad — but it gave the company a crucial advantage over some of its biggest competitors Rihanna is reportedly launching her own line with one of the biggest luxury companies in the world as her fashion empire continues to grow Read more...   Permalink  |  Email this  |  Linking Blogs  |  Comments Show less Read more
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