Large quick-service chains are top performers
So far, 2017 hasn’t been a good year for restaurant stocks, unless you’re a big, highly franchised, traditional quick-service chain.
Led by Burger King owner Restaurant Brands International Inc., as well as the giant McDonald’s Corp., large chains represented five of the 10 best-performing restaurant stocks on Wall Street. Another top performer, Arcos Dorados Holdings, is McDonald’s franchisee in Latin America.
Struggling casual-dining operators dominate the year’s biggest decliners. Seven of the 10 weakest restaurant stocks so far this year are in the casual-dining segment.
Find out more about the performance of companies year to date.
Contact Jonathan Maze at [email protected]
Follow him on Twitter: @jonathanmaze
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