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-0.000544751321022077 -0.000926077245737408 -0.000354088358664412 -0.00071580323582292 0.00196110475567895 0.00757204336220508 0.00675491638067212 0.00778994389061382
Stock impact report

Fast-food chicken demand nears pre-pandemic levels: Pilgrim's Pride [Reuters]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
Company Research Source: Reuters
Fast-food chicken demand nears pre-pandemic levels: Pilgrim's Pride CHICAGO (Reuters) - Chicken demand from U.S. quick service restaurants has bounced back to near where it was before the coronavirus outbreak caused consumers to isolate at home, poultry company Pilgrim’s Pride Corp ( PPC.O ) said on Thursday. Restaurant demand for meat and poultry tumbled as the pandemic shut dining rooms, shifting sales to grocers. The recovery at quick-service restaurant (QSR) chains signals some consumers are resuming more normal activities such as ordering from fast-food drive-thru windows. “The QSR business, it went through its trough,” Pilgrim’s Pride Chief Executive Jayson Penn told analysts on a conference call. “That business is now strengthening.” The health crisis, which has infected over a million people in the United States and killed more than 60,000, has forced state lockdowns. That led to losses for restaurants as they close completely or shifted to carry-out, drive-thru and delivery Show less Read more
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