Did I miss it, or does this article not make clear what they _are_ planning on doing to offset the increased cost? Are they switching to cheaper ingredients or reducing portion sizes? Closing locations that underperform? Reducing hiring? Or are they really just going to take the reduction in profits?
The article just keeps quoting executives saying that they will "manage through it".
So they don't fully understand the repercussions I assume. Why else would there not be a straightforward answer to the inevitability of economics.
They indicate that they expect a better quality of worker.