Higher Restaurant Wages Whack Profits—Some Warn More Pain Is Still Ahead
Restaurant executives have painted a bleak picture of staffing challenges to investors on their earnings calls in the last two weeks.
Source: nbcsandiego.com
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Restaurant executives have painted a bleak picture of staffing challenges to investors on their earnings calls in the last two weeks.
Starbucks will raise wages for its U.S. baristas at least twice in 2022, bringing its pay floor to $15 an hour by the summer.
McDonald’s on Wednesday reported quarterly earnings and revenue that topped analysts’ estimates as its international sales bounced back.
Starbucks will raise wages for its U.S. baristas at least twice in 2022, bringing its pay floor to $15 an hour by the summer.
These are the stocks posting the largest moves in midday trading.