For Quick Food, Supersized Gross sales Outrun Heavier Prices

This web page was created programmatically, to learn the article in its authentic location you possibly can go to the hyperlink bellow:
https://www.wsj.com/articles/for-fast-food-supersized-sales-outrun-heavier-costs-11627988401
and if you wish to take away this text from our website please contact us


A key query for the fast-food trade is how nicely it might probably deal with the prospect of rising prices. So far, traders don’t have a lot purpose to really feel queasy.

A scarcity of staff, coupled with stubbornly excessive jobless claims, is a crucial problem going through the U.S. financial system because it emerges from the pandemic. It would appear to spell hassle for burger, pizza and hen chains, that are in an trade characterised by excessive transaction counts and skinny revenue margins. Food inflation additionally is on the rise.

Second-quarter outcomes, nonetheless, counsel the purchasers will nonetheless present up regardless of low staffing. McDonald’s reported that comparable gross sales within the U.S. rose practically 15% from the 2019 quarter. KFC guardian Yum Brands stated the chain grew comparable gross sales by 19% over that very same interval.

Even eating places that supposedly profit from lockdown circumstances are thriving within the reopening. Domino’s Pizza stated second-quarter gross sales grew 3.5% from a yr earlier within the U.S., when most eating places had been shut as a result of public-health orders.

As a consequence, earnings had been stellar: McDonald’s earned $2.95 a share within the second quarter, up greater than 40% from the identical interval in 2019. Other rivals posted equally robust outcomes.


This web page was created programmatically, to learn the article in its authentic location you possibly can go to the hyperlink bellow:
https://www.wsj.com/articles/for-fast-food-supersized-sales-outrun-heavier-costs-11627988401
and if you wish to take away this text from our website please contact us

Leave a Reply

Your email address will not be published. Required fields are marked *

12 − four =