The U.S. restaurant industry continues to be impacted by high wages, food cost inflation and traffic woes in 2024 after two years of strong growth. The Zacks defined Retail – Restaurants industry is currently in the bottom 38% of the Zacks Industry Rank.In the past year, the industry has declined 6.4%, while its year-to-date return is a negative 1.8%. Since it is ranked in the bottom half of Zacks Ranked Industries, we expect the restaurant industry to underperform the market over the next three to six mont ...