Restaurants’ Latest Quarterly Results Provide Clearer Picture of Covid-19 Impact

Fast food and coffee chains reported their latest quarterly earnings this week–namely McDonald’s, Yum Brands, Restaurant Brands International, Starbucks, and Dunkin’–providing a clearer picture of the repercussions the coronavirus pandemic has had on the industry. Notably, same-store sales at several chains that broke out numbers for when stay-at-home orders began to be issued largely fell…

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