Workflow
Stock Market Crash Warning: Don't Get Caught Holding These 3 Restaurant Stocks.
DRIDarden Restaurants(DRI) InvestorPlace·2024-05-08 20:43

The restaurant industry is difficult. Competition is fierce. Consumers are picky. Workers are transitory. And profit margins can be razor thin. The National Restaurant Association estimates that only 20% of restaurants are successful. About 60% of all restaurants fail in their first year of operation, and 80% fail within five years of opening. Those are some depressing statistics and they help to explain why many restaurant stocks chronically underperform the broader market. Currently, there’s quite a long ...