5 Restaurant Stocks to Boost Your Portfolio on Soaring Sales

The U.S. restaurant industry held its ground in 2023 amid a massive headwind in the form of inflationary pressure. Although consumers spent cautiously and cut down on expenses owing to the high borrowing rates, they spent lavishly on eating out.This saw the restaurant industry driving overall retail sales. The holiday season also has so far proved good for the restaurant industry. Sales as U.S. restaurants totaled $94.7 billion in November, jumping 2% month over month, the Commerce Department reported.On a ...