Imagine That: In-N-Out is Raising Prices
Posted: Wed Jun 12, 2024 4:28 pm
In-N-Out is raising prices just two months after California instituted a minimum wage increase for fast food workers.
The president of the popular fast food chain, Lynsi Snyder, said in April that she fought to keep prices down when the new minimum wage law first took effect.
“I was sitting in VP meetings going toe-to-toe saying, ‘We can’t raise the prices that much, we can’t,’” Snyder told “Today” during an interview at the time.
Although many fast food restaurants saw menu prices increase by 10% or more, one Los Angeles-based In-N-Out instituted a moderate increase of 25 cents for a burger and 5 cents for a drink, according to the New York Post.
As for the recent price bump, a Double-Double combo in Los Angeles County now costs $11.44, up $0.76 from last year.
A spokesperson for In-N-Out confirmed to KTLA sister station KRON that the recent price hikes are directly related to the new minimum wage rate but did not say exactly when the new prices were implemented.
The minimum wage increased from $16 to $20 per hour on April 1. The starting wage at California In-N-Out locations is $22 to $23 per hour, a company spokesperson said.
https://ktla.com/news/california/in-n-o ... -increase/
The president of the popular fast food chain, Lynsi Snyder, said in April that she fought to keep prices down when the new minimum wage law first took effect.
“I was sitting in VP meetings going toe-to-toe saying, ‘We can’t raise the prices that much, we can’t,’” Snyder told “Today” during an interview at the time.
Although many fast food restaurants saw menu prices increase by 10% or more, one Los Angeles-based In-N-Out instituted a moderate increase of 25 cents for a burger and 5 cents for a drink, according to the New York Post.
As for the recent price bump, a Double-Double combo in Los Angeles County now costs $11.44, up $0.76 from last year.
A spokesperson for In-N-Out confirmed to KTLA sister station KRON that the recent price hikes are directly related to the new minimum wage rate but did not say exactly when the new prices were implemented.
The minimum wage increased from $16 to $20 per hour on April 1. The starting wage at California In-N-Out locations is $22 to $23 per hour, a company spokesperson said.
https://ktla.com/news/california/in-n-o ... -increase/