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0.000166522347299045 1.66522347298856E-05 0.000366349164057862 -0.000532871511356718 -0.000632784919736221 -0.000632784919736221 -0.000632784919736221 -0.000632784919736221
Stock impact report

McDonald's UK plans to raise prices due to Iran conflict – report [Yahoo! Finance]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
Company Research Source: Yahoo! Finance
McDonald's UK and Ireland chief executive officer Lauren Shultz told the publication that a “slight price increase” is expected. However, she did not say how big it would be or which items would be affected, but added that prices for the Meal Deal and Saver ranges would stay as they are. That leaves open the possibility of higher prices on other products across its estate, including flagship items such as the Big Mac. Shultz told The Mirror : “Like any business we have to measure cost pressures with where prices need to go,” while arguing the brand would continue to offer value in comparison with other operators. “There is a predicted slight price increase,” she added, saying it is “in deliberations” over the timing of any move. McDonald's is among a series of food businesses weighing price adjustments in response to a cost surge attributed to the Iran war. Speaking later on BBC Radio 4, Shultz said: “We have been operating in a volatile, inflationary industry for years n Show less Read more
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