Consumers bought less chicken at Bojangles’ Inc., leading to a decline in same-store sales in the quarter ended June 25, the company said last week.
But labor costs hurt, too, hitting the chain’s profit margins. And executives said that it’s not getting any better.
“We expect our restaurant labor cost will continue to increase due to the tightening labor market and higher medical costs,” chief financial officer John Jordan said on the call. He als