RRupdates

 

 

Thursday
Dec202018

Restaurant Tech Stocks?

  • Investors see a lot to like about restaurant stocks as indicated by a steady climb in public market valuations according to data from Hedgeye. 
  • While this maybe partially attributable to a steady stream of private equity buyouts over the last couple of years with valuations as high as 19x, certainly public stock investors don't believe that all remaining stocks will receive such rich bids?
  • Another explanation is that investors are focused on growth in digital & off-premise with the belief that leading-edge restaurant stocks are the new FANGs worthy of tech stock valuations... 

Thursday
Nov082018

Other Spending Priorities = ↑ Demand for Deals

 

Friday
Oct192018

Another take on value

Friday
Oct192018

Recent wage gains not enough for past menu price increases

Thursday
Sep062018

Discounts Everywhere in August