Restaurant stocks have been on a tear this year. The NRN Restaurant Index was up about 16 percent as I wrote this — in line with the 15-percent gain in the Standard & Poor’s 500 Index. Still, the industry’s relative performance remains understated because the stock price of the largest company in the group, McDonald’s Corp., has risen only 11 percent, and the stock price for Yum! Brands Inc., the group’s second-largest company, has edged up ...
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Contact: Desiree Torres Desiree.Torres@penton.com