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U.S. fast-food chains report fatter margins as cheese, chicken, avocado costs fall

Major U.S. restaurant chains including burger giant McDonald’s (MCD.N) saw lower ingredient costs, especially for chicken, cheese and avocado, drive profit margins in the second quarter. Domino’s (DPZ.N), McDonald’s and Chipotle (CMG.N) said they were starting to benefit from easing costs after red-hot inflation forced them to raise menu prices a few quarters ago.

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