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 q
Are you keeping an eye on undervalued restaurant stocks? In 2022, the full-service restaurant business was projected to have a global market size of $1.5 trillion. By 2030, it was predicted that this amount will increase to as much as $1.8 trillion, data from Statista shows. As a result, investors cannot ignore restaurant stocks, especially the ones with upside and strong ratings from analysts. Against this backdrop, the first stock we’ll examine is slated for a historic 50-for-1 stock split, wh
Red Lobster, the poster child for American seafood, was dragged down by corporate mismanagement, competition and consumer shifts.