Buy These 5 Restaurant Stocks With Growth Potential as Sales Soar
Dutch Bros(BROS) ZACKS·2024-11-21 04:00
The U.S. restaurant industry has grown at a solid pace over the past couple of years even though prices posed a major challenge for both consumers and operators. Higher personal income and spending have been the major factors driving sales amid inflationary pressures.Last week, the Commerce Department reported that restaurant sales grew at a solid pace in October, and is on track to end the year on a high.Given the positive outlook, investing in restaurant stocks, such as CAVA Group, Inc. (CAVA) , Dutch Bro ...