In light of California’s new $20 minimum wage bill for fast-food workers, which went into effect on April 1, restaurant chains and franchisees are already taking action, in some cases by raising prices by as much as 7-8% for select menu...
According to Technomic Ignite data, Chick-fil-A generated nearly $21.6 billion in sales in 2023, while its latest FDD shows AUVs were a record $9.3 million.
Restaurant chains and California franchisees are making the tough decision to increase prices and cut hours in light of the state’s new $20 minimum wage
