USA: Performance Food Group sees lower Q2 earnings
US foodservice company Performance Food Group has lowered its second-quarter earnings outlook because of an unexpected rise in lettuce prices brought on by fastfood restaurants adding salads to their menus. Performance Food said the rise in demand for lettuce, as fastfood chains such as McDonald's expanded their salad offering, exceeded both its own and growers' expectations, resulting in high open-market prices, reported Reuters.
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