Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

In-N-Out’s billionaire owner vows iconic chain ‘will always be’ in California and says leaving the state would be the ‘dumbest business decision ever’

"This is where we started. It's where we are now, and it's where we will always be," Lynsi Snyder, president and owner of In-N-Out, said.

In-N-Out’s billionaire owner vows iconic chain ‘will always be’ in California and says leaving the state would be the ‘dumbest business decision ever’

In-N-Out's billionaire owner, Lynsi Snyder, has reaffirmed that the iconic burger chain will forever remain in California. In an interview with actor Terry Crews, Snyder emphasized that the company will always be rooted in the state where it was founded by her grandparents in 1948. Although she and her family have recently moved to Tennessee for reasons related to raising kids and business, they have made it clear that In-N-Out will not abandon its California roots.

The company continues to expand into other states, but Snyder assured that In-N-Out's headquarters will remain in both California and Tennessee. Despite facing rumors of In-N-Out closing its California stores, Snyder dismissed these as "the dumbest business decision ever" and stated that the company is growing in California at a slow and steady pace.

Written by urgent.news from Fortune's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at fortune.com →

More in Finance & Markets

More from Saturday 7 November →