Restaurants Continue to Serve Sales Growth: 5 Stocks to Buy
WINGWingstop(WING) ZACKS·2024-06-11 21:30

The U.S. restaurant industry has largely been responsible for helping the retail sector survive inflationary pressures. U.S. restaurants saw sales growing at a rapid pace in 2023 in a major turnaround and the trend has continued into 2024.Restaurant sales totaled $94.3 billion in April, jumping 5.5% on a year-over-year basis. Overall restaurant sales from February through April totaled $36.7 billion.While the retail sector had a rough ride in 2023 and is still struggling to stage a comeback this year owing ...