Analysts foresee shift as restaurants ready 1Q earnings

NEW YORK First-quarter earnings season could bring a reversal of fortunes for restaurant stocks, as casual-dining companies have gained momentum recently and quick-service chains have stumbled.

With more than 14 restaurant companies set to report earnings for the March-ended quarter over the next two weeks, analysts and observers have noted that cost cutting and slowed development plans have helped casual-dining companies post better-than-expected preliminary ea

Register to view the full article

Register to view this article

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish