5 Thriving Restaurant Stocks to Buy Defying a Weak Industry

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 ...