BJRI

05-03-19-TP-FOOD PRICE PRESSURES - Restaurant Chains Feeling Chinese Meat Price Pressures-1

Gordon Long

May 3, 2019

MACRO Global Macro Geo Economic Food Shortage, MM Drivers Inflation, SII US Retail, TP Food Price Pressures, TP Low Risk, TP Moderate Risk, TP Rising Inflation Pressures & Interest Pressures BJRI, TRIGGER$ May 2019, TXRH

RESTAURANT CHAINS FEELING CHINESE DRIVEN MEAT PRICE INFLATION

RESTAURANT CHAINS FEELING CHINESE DRIVEN MEAT PRICE INFLATION Bloomberg reports: Meat costs are finally going up, and that’s weighing on a dining industry that’s already reeling from rising minimum wages. McDONALDS: McDonald’s Corp. warned investors Tuesday its 2019 commodity costs in the U.S. could rise as much as 3 percent, more than the 1 to 2 […]