Restaurants Continue to Serve Sales Growth: 5 Stocks to Buy
Wingstop(WING) ZACKS·2024-06-11 13:30
The U.S. restaurant industry has largely been responsible for helping the retail sector survive inflationary pressures. U.S. restaurants saw sales growing at a rapid pace in 2023 in a major turnaround and the trend has continued into 2024. While the retail sector had a rough ride in 2023 and is still struggling to stage a comeback this year owing to inflation, food and drinking places are witnessing steady growth. This is courtesy of an increasing number of Americans still spending lavishly on eating out. D ...