Fast food prices have been 'justified' in terms of underlying cost inflation: BofA's Sara Senatore

Sara Senatore, BofA Securities senior analyst, joins 'Squawk Box' to discuss the rapid fast food inflation, whether rising prices will begin to hurt sales, and more.

[teebone]

Prices are not justified, stop eating the BS

[vishnureddy]

Costco food court for 1.50 hot dog and 2$ pizza

[tubularbill]

These prices by no way have been justified. Stop trying to gaslight us.

[pinkpear]

we have an air fryer no fast food is necessary

[willtwain]

How does a minimum wage increase, which represents a few percent of the total cost of a menu item, turn into an 8% increase? Greed.

[andrewjones]

Millionaire BofA's Sara Senatore tells us Starbucks coffee prices are cheap! OMG

[kurdik]

Only in the U.S. fast foods costs like luxury food and everyone justifies it.

[proteinfart]

We will see a lot of these restaurants start to close down their slower traffic locations, consumers are now more willing to wait in line at In n out for 20-30 mins to pay a lot less for affordable fresher and better quality food by far.

[bdubb]

Get ready for bugs. Not me but others. Gross.

[vbyfbel]

Gov has destroyed business with there taxes It is the huge gov wages and retirements that are the cause

[reyakisakura]

Not just fast food. It’s restaurants also.

[MyWasteOfTime]

In 1988 a BigMac cost $2.25 and MW was $3.35. Now MW is $20 and a BigMac is $5.69. If anything a BigMac should be MORE???

[SoftlinkStudio]

Fast food isn't good for you anyway.

[PursuingWisdomDaily]

It’s not just fast food restaurants. It’s everything.
Wait, could there somehow be a correlation between Democrats in office and prizes going up?

[garytee]

I used to eat out 5-8 times a week, splurged almost every meal, especiallydinner...now I've cut back to 3 times a week by not tipping and not ordering beers for almost a year, seems to help.. not a popular choice but I know a lot of people doing the same just to eat out a bit more still

[debj]

Right now the government gives food subsidies like food stamps to the highest number of Americans in history. That cannot not not will it continue indefinitely so one must learn how to pray, shop, and cook in order to sustain their family in harder times that are on the horizon.
I read a book that is so different than most because it teaches on real life experience.
It helps you look at Jesus in every situation, even shopping. It’s “Expect Miracles, By Annie McGuire”

[taranjitsingh]

Gold stocks are undervalued compared with gold prices, stocks will skyrocket once earnings come in, not to mention bad market news will further fuel the prices…BUY GOLD Stocks !!

[TasteofBlood]

Not a mention of obvious boycotting from the younger generation.

[Galaxylord]

And wages are not keeping up. But corporate profits and CEO's pay are at a record high. Stop giving to the rich.

[passerau]

Corporate profit from 2020 - 2023 has doubled in only 3 years, which is insanely high for such a short period of time.

This is Greedflation. Companies used the supply chain issue as a justification to raise price, now that it's fixed, they don't want to reduce the price.

Higher earnings mean they are making more money, which means they are overpricing each item.

Ty🙏