Restaurant Stocks: Buy This, Not That
In this notoriously tough sector, here is one company executing well and another to avoid.
Texas Roadhouse owns and franchises over 580 restaurants under the Texas Roadhouse and Bubba's 33 names, in 49 states and nine foreign countries.
In this notoriously tough sector, here is one company executing well and another to avoid.
The coronavirus pandemic is creating a lot of uncertainty for the restaurant industry. Does this also create an opportunity?
News that Pfizer has an effective vaccine sent the sector surging.
Both chains are on the path to recovery and in good financial shape.
TXRH earnings call for the period ending September 30, 2020.
A fast-growing streaming platform, casual steakhouse operator, and doughnut chain seem pretty vulnerable right now.
These companies are bright spots among the beleaguered industry.
The industry is getting turned upside down, but good companies can still be found.
Some brands garner attention even when the economy is reeling.
The restaurant company came in ahead of analyst forecasts for revenue, earnings per share, and same-store sales.