Stock Performance
INVESTORS CONTINUE TO STRUGGLE TO ASSESS THE IMPACT OF OUT-OF-CONTROL INFLATION
Restaurant stocks on average are down -40% from their 52-week high, trading at ~15x EV/EBITDA, as investors continue to struggle to assess the impact of out-of-control inflation on consumers’ ability to maintain their dine-out habits. For more detail about restaurant sales comp trends please refer to this post.