Restaurant companies continued to report second-quarter results this week, most of which included positive sales and profit trends through June. While fundamentals remained strong, analysts are forecasting a tough road ahead as consumer confidence threatens to slip with the current market uncertainty. “Volatility in the equity markets highlights the uncertainty felt among investors and consumers alike as economic growth slows,” the consumer research team at Robert W. Baird, ...
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Contact: Desiree Torres Desiree.Torres@penton.com