The chips are down: pizza, fried chicken and doughnut shares plunge on ASX as living costs bite budgets
Published by WarSignal Editorial · Last updated
Shares in Domino’s Pizza, KFC operator Collins Foods and multi-brand food franchise owner Retail Food Group have all suffered double-digit falls Get our breaking news email , free app or daily news podcast Once a symbol of cheap eating, fast food is transforming into a luxury many can no longer afford due to resurgent living costs .
This shift is reflected on the ASX, where major pizza, fried chicken and doughnut outlets are seeing significant price drops, raising the question: are consumers so downbeat that they are even giving up on fast food? Continue reading...
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