5 Restaurant Stocks to Buy on Strong Sales in March
Brinker International(EAT) Zacks Investment Research·2024-04-16 13:26
U.S. restaurants continue to flourish in 2024 after impressive performances in the last two years. Restaurant sales were not impacted much despite severe inflationary pressure. The momentum is likely to continue for the rest of 2024.Strong Restaurant Sales in MarchThe Department of Commerce reported that sales at U.S. bars and restaurants (adjusted for seasonal variation and holiday sales but not for price changes) came in at $93.7 billion in March, up 0.4% from February. Year over year, spending on restaur ...