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0 0.00019980019980016 0.00019980019980016 -0.00374625374625375 -0.021978021978022 -0.0306693306693307 -0.0420579420579421 -0.0548451548451549
Stock impact report

5 Solid Restaurant Stocks to Buy as Sales Look Poised to Soar [Yahoo! Finance]

Brinker International, Inc. (EAT) 
Last brinker international, inc. earnings: 4/29 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.brinker.com
Company Research Source: Yahoo! Finance
Restaurant Industry Continues to Grow Sales at U.S. food and drinking places totaled $84.1 billion in February, up 0.4% month over month, the Commerce Department reported. On a year-over-year basis, restaurant sales jumped 6.3% in February. Higher prices have been hurting overall retail sales but that hasn't impacted sales at restaurants as an increasing number of Americans are spending lavishly on eating out. Overall retail sales grew just 0.6% month over month in February. The Federal Reserve's aggressive monetary tightening campaign that saw it increase interest rates by 525 basis points has been weighing on all major sectors. Restaurants are the only service industry included in the retail sales report. The steady rise in restaurant sales suggests a shift in consumer spending habits, with individuals allocating more of their budgets to services rather than physical goods. The steady growth in restaurant sales is being driven by robust consumer spending and a rise in per Show less Read more
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