Imagine That: In-N-Out is Raising Prices

[BigTex]

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/

[Sangersteve]

Stevie Wonder predicted this.

California fast food restaurants have slashed nearly 10,000 jobs because of the state’s new $20 minimum wage as struggling franchises cut labor costs and raise prices to survive, a major trade group said Thursday.

The California Business and Industrial Alliance (CABIA) slammed Democratic Gov. Gavin Newsom for pushing through the law, which went into effect April 1 – and was blamed for forcing one beloved taco chain to shutter 48 locations in the state last week.

“California businesses have been under total attack and total assault for years,” CABIA president and founder Tom Manzo told Fox Business.

[planosteve]

The first In&Out in the area opened in Loveland about 6 months ago. We drove down to have one. Haven't been back. It was OK but not a big deal.

[Mark]

In And Out is glorified McDonald's.

[GRANDPA]

Lefties claim the CEO of In&Out makes $220 million or some such & blame that on higher prices.

[jellowrestling]

Lefties claim the CEO of In&Out makes $220 million or some such & blame that on higher prices.

The owner/CEO of In&Out is worth over $6 billion. The average store manager makes $180,000 per year. It's a privately-held company, and Lyndsi Snyder inherited 97% of it. Whoever gave that $220 million number is probably lying Commie scum.

[GRANDPA]

I think I got that figure from the Lefties on Threads. It's shocking, but not surprising, how many think even $100k is too much. A lot believe in from each according to his abilities, to each according to his needs.

[rusty]

I understand that In and Out is great on the West Coast.
Here, not so much.
I’ll take What-a-Burger.

[jellowrestling]

I think I got that figure from the Lefties on Threads. It's shocking, but not surprising, how many think even $100k is too much. A lot believe in from each according to his abilities, to each according to his needs.

As is typical with Lefties, they pulled that number out of thin air. The Google and Blackstone CEOs are the only ones who make that much.