Arguing that commodity prices appear to have peaked and gas prices are coming down, at least one analyst is predicting that restaurant operators will have a more positive outlook during the upcoming earnings season. In a restaurant industry update report issued Wednesday, Bart Glenn of D.A. Davidson & Co. said restaurant stocks followed by the firm outperformed expectations in June in part because of lower gas prices and an easing of some food commodity costs. “It appears ...
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Contact: Desiree Torres Desiree.Torres@penton.com