SAN FRANCISCO —The outlook for second-quarter financial results, which are expected to begin flooding in this week and next from the restaurant industry’s largest public companies, is not good, according to industry observers. With increased gas prices and declining home sales and values hurting consumer sentiment and spending, and escalated commodity and labor costs eating away at bottom lines, many operators are reeling from the one-two punch. —The outlook for ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com