Workflow
5 Solid Restaurant Stocks to Buy as March Sales Rise
CAVACAVA (CAVA) Zacks Investment Research·2024-04-22 13:31

The restaurant industry has stood its ground and performed quite well amid price pressures. After a solid 2023, sales this year, too, have been steadily on the rise.Sales at U.S. food and drinking places totaled $98.1 billion in March, increasing 0.4% month over month after rising 0.5% in February. Year over year, sales at restaurants increased 6.6%. Sales from January through March totaled $27.1 billion.The retail sector went through a difficult phase as sales slowed owing to higher prices and borrowing ra ...