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- Diners are "price weary" and eating out less often, restaurant executives told investors last week.
- One analyst said Starbucks posted its "weakest" performance outside the pandemic or Great Recession.
- A number of chains said they'd be more careful with price hikes this year.
Many consumers are thinking carefully about how they spend every dollar, with some cutting back on visits to quick-service restaurants, executives told investors on a series of earnings calls last week. To win penny-pinching customers back, some say they're planning smaller price increases for the rest of the year.