The Traderszone Network

Published in TZ Latest News 27 April, 2017 by The TZ Newswire Staff

3 Top Restaurant Stocks to Buy Now

Last year was tough on restaurants. According to industry tracker TDn2K in its Restaurant Industry Snapshot, same-store sales — a metric used to evaluate sales from locations open for at least a year — declined 2.4%, with the fourth quarter of 2016 producing the worst quarterly results since the Great Recession. Furthermore, the report noted that the industry had “posted four consecutive quarters of declining year-over-year sales.” Foot traffic at restaurants was also down 4.6%, a decline not seen in over seven years. 

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