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McDonald’s CEO Warns California Wage Increases Could Raise Prices

McDonald’s CEO Warns California Wage Increases Could Raise Prices

  • By Admin

While McDonald’s outperformed earning estimates, its CEO warned about the future. California recently passed a law ensuring all fast food workers earn $20 an hour, which McDonald’s could use to raise prices. Easy money McDonald’s is doing well. As of October 2023, revenue has climbed more than 14% year-over-year. Yahoo Finance reported that adjusted earnings […]

The post McDonald’s CEO Warns California Wage Increases Could Raise Prices appeared first on All Things Finance.

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