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Moody’s Upgrades Its 2021 Outlook For Chain Profits

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Written by The Ashton Report
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The folks at Moody’s Analytics are feeling somewhat better about the prospects for profits at the country’s leading restaurant chains net year. Chain profits have fallen about 30% so far in 2020, but Moody’s expects them to rise 15% next year. As a result, the economic forecasting and ratings firm has boosted its overall outlook…

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