Current:Home > StocksNovaQuant-In-N-Out raises California prices of Double-Double after minimum wage law -WealthRoots Academy
NovaQuant-In-N-Out raises California prices of Double-Double after minimum wage law
Burley Garcia View
Date:2025-04-10 07:34:33
This story has been updated to correct comments In-N-Out's president made in an interview.
In-N-Out Burger raised prices for some items at California locations soon to accompany a $2.00 per hour raise for its workers after the state initiated a minimum wage increase for fast food workers.
Since April 1,NovaQuant prices for a Double-Double burger, fries and a drink increased by $0.25 to $0.50 depending on locations, the burger chain confirmed.
"We continue to raise menu prices only when absolutely necessary, as we did on April 1st of this year in our California restaurants," In-N-Out Owner and President Lynsi Snyder said in a statement. "Providing the best value we can for our Customers has always been very important to us, and it will continue to be."
The Fast Act went into effect on April 1 offering fast food employees a $20 an hour starting wage, up from the previous $16 standard. Since its passing, executives at chains like McDonald's and Chipotle said they would increase prices to offset the wage increases.
Prices increases reported in Los Angeles, San Francisco
The Double-Double combo now costs $11.44 in Los Angeles County, a $0.76 increase from last year's price, according to KTLA-TV.
Price increases have also been reported at locations in San Francisco and Daly City, Bay Area station KRON-TV reported.
The starting wage for In-N-Out employees in California is $22 to $23 per hour, according to In-N-Out Chief Operating Officer Denny Warnick.
In-N-Out President said she fought to stop prices increases
Snyder has been outspoken to protect prices at the West Coast's favorite burger chain when possible.
In an April interview, Snyder told NBC's TODAY that throughout her career she has tried to avoid raising prices as often as other fast food chains.
"I was sitting in VP meetings going toe-to-toe saying, ‘We can’t raise the prices that much, we can’t. Because it felt like such an obligation to look out for our customers.'" Snyder said.
Fast food prices are up 4.8% since 2023
Fast food prices are up 4.8% since last year and 47% since 2014, while general inflation has risen 24%, according to the Bureau of Labor Statistics.
A recent report by USA Today used survey information compiled by a team of reporters in 18 markets across the country to compare prices over the past 10 years.
The survey found that an average medium Big Mac meal has risen in price from $5.69 in 2014 to $9.72 in 2024, an increase of about 70%. The price of a medium Big Mac meal ranged in price from $7.89 in Houston to $15 in Seattle.
Contributing: Mary Walrath-Holdridge
veryGood! (2)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- When your boss is an algorithm
- From Spring to Fall, New York Harbor Is a Feeding Ground for Bottlenose Dolphins, a New Study Reveals
- Khloe Kardashian Says She Hates Being in Her 30s After Celebrating 39th Birthday
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Plagued by Daily Blackouts, Puerto Ricans Are Calling for an Energy Revolution. Will the Biden Administration Listen?
- JPMorgan Chase buys troubled First Republic Bank after U.S. government takeover
- The best picket signs of the Hollywood writers strike
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Pamper Yourself With the Top 18 Trending Beauty Products on Amazon Right Now
Ranking
- Intel's stock did something it hasn't done since 2022
- The weight bias against women in the workforce is real — and it's only getting worse
- Misery Wrought by Hurricane Ian Focuses Attention on Climate Records of Florida Candidates for Governor
- From Spring to Fall, New York Harbor Is a Feeding Ground for Bottlenose Dolphins, a New Study Reveals
- Former Syrian official arrested in California who oversaw prison charged with torture
- He's trying to fix the IRS and has $80 billion to play with. This is his plan
- In BuzzFeed fashion, 5 takeaways from Ben Smith's 'Traffic'
- Khloe Kardashian Says She Hates Being in Her 30s After Celebrating 39th Birthday
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Oil Industry Moves to Overturn Historic California Drilling Protection Law
From Spring to Fall, New York Harbor Is a Feeding Ground for Bottlenose Dolphins, a New Study Reveals
The Oakland A's are on the verge of moving to Las Vegas
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
This Next-Generation Nuclear Power Plant Is Pitched for Washington State. Can it ‘Change the World’?
Shoppers Say This Large Beach Blanket from Amazon is the Key to a Hassle-Free, Sand-Free Beach Day
Shares of smaller lenders sink once again, reviving fears about the banking sector