Middle East conflicts impact the dining table! Fast food giants warn: double hit on costs and demand

Glonghui, March 30 | According to a recent research report by Bernstein, the management of McDonald's and Restaurant Brands International have both indicated that while the direct impact of the Iran war on the US supply chain remains limited at present, the broader macroeconomic effects are becoming increasingly apparent. Bernstein warns that as energy and commodity costs gradually rise, it is expected to further squeeze the profits of these two companies. To make matters worse, data from early March shows that under the shock of the Iran war, spending demand from the main consumer groups of both companies has cooled.