NEW YORK As third-quarter earnings season begins this week with some of the largest restaurant companies reporting results, including McDonald’s, Brinker International and Chipotle, analysts are expecting slow sales and profits that are driven by cost cutting, much like the earlier quarters this year. Despite comparisons to the third quarter last year, when sales dropped severely in the midst of the recession, restaurants have yet to see an uptick in customer visits or spending and are ...
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Contact: Desiree Torres Desiree.Torres@penton.com