Analyst on reasons why operators should have a sunny outlook
Rising costs for food and fuel have dominated headlines and weighed heavily on the minds of restaurant operators. However, despite all the discouraging news, the state of the industry isn’t as grim as it sounds, according to Brad Ludington, a restaurant securities analyst at KeyBanc Capital Markets. In a research note this week, he outlined five reasons why things are looking up for restaurant operators this year: 1. Consumers are coming back to restaurants. Ludington dismissed the ...
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