Restaurant stocks fall as investors fear recession, sales slowdown

Following announcements of layoffs, a Starbucks store is shown in Encinitas, California, U.S., February 24, 2025. REUTERS/Mike BlakeRestaurant stocks fell in morning trading Monday, fueled by investors' fears that a recession is coming.U.S. stocks have tumbled for three consecutive days after President Donald Trump shocked the markets with high tariffs on goods imported from key trading partners. While analysts do not expect the tariffs to hit most restaurant companies directly, the inflation that is expect ...