Investment Strategy

Falling costs may boost McDonald’s, other restaurant profits in 2023

NEW YORK, Jan 30 (Reuters) – With the cost of butter plunging nearly 16% in a month and wholesale broiler chickens getting cheaper, some big restaurant chains including McDonald’s and Starbucks are likely to tell investors that their restaurants will be more profitable this year.

Read more here: https://www.nasdaq.com/articles/falling-costs-may-boost-mcdonalds-other-restaurant-profits-in-2023

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