2 Thriving Restaurant Stocks to Buy on Possible Earnings Beat

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 41% of the Zacks Industry Rank. In the past year, the industry has declined 8.4%, while its year-to-date return is negative 12.7%. Meanwhile, a handful of restaurant stocks have flourished year to date, defying the industry's weak performance. Investment in these stocks with a favorable Z ...