3 Top Restaurant Stocks to Buy Amid Industry Headwinds
LOCOEl Pollo Loco(LOCO) ZACKS·2024-09-04 23:51

The Zacks Retail – Restaurants industry’s performance continues to be impacted by high wages, food cost inflation and traffic woes. Additionally, consumers are dealing with less disposable income, making them more cautious about spending on dining out. However, rapid increases in menu prices, average check growth and expansion efforts bode well. Industry participants also benefit from partnerships with delivery channels and digital platforms. Stocks like Texas Roadhouse, Inc. (TXRH) , El Pollo Loco Holdings ...