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...The country has been plagued by high interest rates, low export demand and high energy prices triggered by Russia’s invasion of Ukraine in 2022....
...McDonald’s said the war in Gaza has hurt business in the Middle East as it reported weaker than expected sales at its existing restaurants....
...“The days of raising prices mid to high single digits are over,” said Brian Yarbrough, an analyst at Edward Jones....
...McDonald’s beat earnings estimates in its third quarter as customers continued dining at the restaurant chain despite higher prices....
...For example, the BIS estimates that allowed leverage, defined as the contract price divided by initial margin, in five-year Treasury futures remains elevated but has fallen from around 175x prior to the...
...McDonald’s gained share with middle- and high-income consumers who are looking for cheaper options amid higher prices at other restaurants, he added....
...However, Britain’s Department for Culture, Media and Sport has placed a temporary export bar on the carving and given the V&A until June 14 to raise £2mn so it can match the price paid by the American institution...
...Profitability could fall if it leans too much on value items, worse if it prompts other fast-food chains to lower prices as well. For now, McDonald’s sits in an inflation sweet spot....
...Similarly, UK-based specialist Clive Sutton customises V-Class and Sprinter vans to a similar spec, with prices starting from £180,000....
...Higher prices and strong demand for fast food helped McDonald's to double its earnings in the second quarter, as figures from the restaurant chain beat analysts’ forecasts....
...Pepsi and McDonald’s also forecast moderating sales growth this year as consumer demand becomes more sensitive to higher prices....
...This is a classic “dull but v v v v important” issue that rarely gets the attention it should, because a lot of people understandably lose the will to live as soon as you start talking about financial plumbing...
...on price....
...McDonald’s chief executive Chris Kempczinski said on Monday that he expected same-store sales growth to return to a historical average of 3 per cent and 4 per cent in 2024, down from an increase of 9 per...
...Go look at the Old Navy website: as at McDonald’s, what you get for the price is remarkable. So why can’t Gap just keep making the product a little better?...
...“Higher prices, less choice and less innovation can result from weakened competition,” Gina Cass-Gottlieb, chair of the ACCC, said in a statement....
...Prices for the more experimental Svenskt Tenn pieces, many by other notable 20th-century designers, are rocketing....
...Before Mifid II, brokers bundled research with trading fees, like McDonald’s throwing in a free toy with a Happy Meal....
...The share price has followed that success, rising more than 60 per cent over the past five years....
...The company said its prices are justified by its high packing costs and its Rmb1bn investment into research and development....
...It offers universal, standardised ways for companies to cut development costs while refusing to discriminate by price. The rule of thumb has always been that royalties are 5 per cent of the chip price....
...McDonald’s in February reported softer sales in the US in its most recent quarter as lower-income customers purchased cheaper menu items, and forecast same-store sales growth to return to a historical average...
...“Predominantly at this price point [the increase] is mainly fuelled by cash buyers,” McDonald said....
...The fast-food group said its US operations benefited from “strategic menu price increases” and an increase in customer visits, while growth internationally was “strong” in most of its markets....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
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