Make no mistake, it's unwise to count on current EPS forecasts. If beef prices start rising as high as some fear, then earnings estimates will need to come down for all of these firms. That's why some restaurant-focused in investors are focusing away from the burger chains and towards chicken-oriented purveyors such as Yum! Brands ( YUM), which operates the KFC and Taco Bell franchises.
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At the time of publication, author had no positions in stocks mentioned.
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