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Re: PennyHoper post# 22288

Monday, 05/13/2024 7:45:10 PM

Monday, May 13, 2024 7:45:10 PM

Post# of 25218
WCVC Fast Casual Dining Foot Traffic "Plummets"


I'll Alert you of stocks to Buy,
before the Run happens !




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Fast Casual Dining Foot Traffic "Plummets"
Across New York-New Jersey As Consumer Cracks


The slide in foot traffic comes as
Red Lobster is considering a bankruptcy filing,
and
TGI Friday's is in distress,
closing stores

and working with Guggenheim Partners
to address its debt problem as sales decline.

Moody's Ratings wrote in a report last week that
rising menu prices have slowed fast-casual sales
as the working poor ditch restaurants for food at home.

https://www.zerohedge.com/markets/fast-casual-dining-foot-traffic-plummets-across-new-york-new-jersey-consumer-cracks

________________________________________________________


Shake Shack (SHAK)
beats profit expectations as
sales trends improve each month


Revenue at the burger chain
rises a little less than expected,
but
full-year growth outlook is nudged higher


https://www.marketwatch.com/story/shake-shacks-stock-rises-after-profit-beat-and-improved-outlook-offset-revenue-miss-52b5c96a?mod=mw_rss_topstories

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