So taking that into account should we consider it a business that is resilient to the economic cycle? I certainly dont think it is in the consumer discretionary category (e.g a retailer). As I stated a little earlier my concern would be more towards an overall negative shift in attitudes towards fast food (Domino's appears to have proven this to be non existent in recent years though).
KFC running hot, page-69
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$8.59 |
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