As fourth-quarter earnings season comes to a close and restaurant companies provide outlooks into 2013, warnings on sales softness continues. Driven by a drop in consumer spending, mainly because of increased payroll taxes and rising gas prices, February sales were challenged, according to restaurant securities analyst Andy Barish at Jefferies Group Inc. RELATED • How budget sequestration could impact restaurants • Restaurant operators upbeat on sales, ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?