Sectors UpClose: Legacy fast food hit by consumer squeeze

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Published May 22, 2024

McDonald's, Wendy's and Burger King-owner have all seen their share prices fall this year. Randy Watts from O'Neil Global Advisors believes this is a result of lower-income households opting to eat at home more and that these legacy chains need to improve their value propositions.

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Sectors UpClose: Legacy fast food hit by consumer squeeze | REUTERS

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