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Food at your favorite ballpark is probably going to be more expensive - TL;DR CNBC

Food at your favorite ballpark is probably going to be more expensive

Publishing timestamp: 2023-03-30 19:18:16


Summary

Sodexo Live is adjusting its menus and ingredients to bring down food costs due to inflationary pressure. The company is expanding its value menu items and changing some ingredients, mixing up its suppliers, and sourcing more items locally to help reduce costs and avoid passing along 100% of price increases to consumers. The company is also experiencing harsh pricing pressure in plastics and disposables due to the impact of the Russia-Ukraine war on the price of resin. Despite the challenges, Sodexo Live is keeping the long game in mind and aiming to provide a phenomenal experience for fans while keeping prices reasonable.


Sentiment: NEUTRAL

Tickers: TMUS

Keywords: food and drinkeconomyretail industrysportsbusiness newsbusinesst-mobile us inc

Source: https://www.cnbc.com/2023/03/30/ballpark-food-gets-more-expensive.html


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