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Greg Badishkanian of Citi asks about the main driver of the QSR industry slowdown. $WEN said the price gap between food-away-from-home and food-at-home is the biggest driver. There has been less wage growth while cost of living has increased. There is also tightening of disposable income. It is important to provide value-added offers.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.