- CNN Business
How Red Lobster’s misguided endless shrimp promotion drove it into bankruptcy
Last summer, Red Lobster made $20 endless shrimp a permanent menu item.
- InvestorPlace
Stock Market Crash Warning: Don’t Get Caught Holding These 3 Restaurant Stocks.
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
- InvestorPlace
The 3 Most Undervalued Restaurant Stocks to Buy in May 2024
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
