How Will The African Swine Fever Affect McDonald’s?
As per reports, the recent African swine fever could alter the fast-food giant Mc Donald’s menu offerings. McDonald’s CEO Steve Easterbrook stated, “African swine fever hurts us a little on the pork”. “That limits the movements of pork and pushes it up here in the U.S.” as reported to CNBC.
Swine fever affecting pigs would primarily cause a shortage in pork items as prices of pork go up. McDonald’s mainly offers pork products in its breakfast menu i.e. in their bacon, egg, and, cheese biscuit. Though the Chicago based company claims to be well equipped with any supply chain glitches, Easterbrook stated “We’ve got a well-established supply chain and hedge wherever we possibly can and minimize the impact of these things, but the reality is we’re subject to the same kind of pressures on this as everyone else,” as per reports.
McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly 37,000 locations in over 100 countries. The Corporation operates and franchises McDonald’s restaurants in the US and across the globe with over 90% of its restaurants owned and operated by local, independent businessmen and women. To learn more about McDonald’s Corporation (MCD) and to track its progress please visit the Vista Partners McDonald’s Coverage Page.
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