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Tuesday, 2 May 2017

US - 5 Fast Food Chains That Will Be Hit by Soaring Chicken Prices: TheStreet

Published on 2 May 2017
As if Buffalo Wild Wings needed another headache to add to its growing list of woes.

In a research note released Monday, BMO Capital Markets analysts Andrew Strelzik and Ryan Royce said they found that the price of chicken wings increased nearly 11% last week to $1.91 each, compared to the same time a year ago.

"The level of wing price inflation accelerated sequentially and marks the largest magnitude of inflation in nearly four months," Strelzik and Royce wrote.

While surging wing prices may have the most adverse effect on Buffalo Wild Wings due to its wing-focused menu, some of its competitors could be challenged, too. Here's a look at just a few.

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