Weak overall sales and casual-dining worries weigh on sector, though big players fare better than most
Most restaurant company stocks have fallen so far in 2017 amid weak sales and concerns about casual-dining chains in particular. The median stock price for the group has fallen by more than 6 percent so far this year.
Struggling casual-dining operators dominate the year’s biggest decliners. Seven of the 10 weakest restaurant stocks so far this year are in the casual-dining segment.
But a number of companies have easily outperformed the median mark, especially the large, well-established, fast-food chains whose sales have done better than most.
Here’s a look at some notable restaurant company stocks.
Contact Jonathan Maze at [email protected]
Follow him on Twitter: @jonathanmaze
0 comments
Hide comments