A recent receipt from Five Guys sparked debate about high prices at fast-food restaurants and inflation. The receipt displays a total of $24.10 for a bacon cheeseburger combo, including tax and tip.
The image gained viral traction on Reddit, amassing nearly 25 million views.
Online users engaged in debates regarding the higher prices, some labeling them as “out of control,” while others defended the chain’s commitment to quality ingredients.
In response, Five Guys attributed its higher prices to the use of fresh ingredients, complimentary toppings, peanut oil fries and larger portions.
Inflation reached its peak in June 2022 at 9.1%, impacting fast-food chains. This consequently increased costs to consumers.
According to Fox Business, Chick-fil-A prices have surged by 21% since 2022.
Sales at McDonald’s and Yum Brands — the parent company of KFC, Taco Bell and Pizza Hut — have been lackluster.
Taco Bell is actively promoting its value menu, offering 10 items for $3 or less.
Chipotle experienced an 8.4% sales increase in the fourth quarter of 2023. The chain attributed it to the reintroduction of carne asada and a menu price adjustment in October, as reported by NBC News.
Inflation and external factors, such as conflict in the Middle East, have also played a role in impacting business operations.