Analysts project companies to close out the year with increased sales, stock prices
The fourth quarter is typically a strong time for restaurant sales and restaurant stocks, as consumers dine out for holiday celebrations and investors flood the sector. That trend is likely to continue this year, according to securities analysts who track the industry’s largest restaurant stocks. Expectations are set for increased year-over-year sales as well as a continued surge in stock prices, which have gained steadily through 2010. “All restaurant subsectors are ...
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