Arguing that commodity prices appear to have peaked and gas prices are coming down, at least one analyst is predicting that restaurant operators will have a more positive outlook during the upcoming earnings season. In a restaurant industry update report issued Wednesday, Bart Glenn of D.A. Davidson & Co. said restaurant stocks followed by the firm outperformed expectations in June in part because of lower gas prices and an easing of some food commodity costs. “It appears ...
It’s free but we need to know a little about you to continually improve our content.
Why Register?
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 the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!