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Sweetgreen (SG) are among the best stocks in the restaurant to buy according to coverage funds?

https://www.profitableratecpm.com/h3thxini?key=b300c954a3ef8178481db9f902561915


We recently collected a list of the 12 best restaurant shares to buy according to coverage funds. In this article, let’s take a look at where Sweetgreen is, Inc. (NYSE: SG) Against the other best stocks in the restaurant.

The stock of restaurants are companies that have, manage and franchise full service restaurants that sell food and drinks prepared in detail.

According to the National Restaurant Association’s estimates, restaurant sales in the United States reached a maximum of $ 1.1 trillion by 2024. Industry sales exceeded $ 1 trillion for the first time. According to the group, it was foreseen that the industry staff would increase by 200,000 jobs by 2024, achieving its total work just under 16 million at the end of the year. Restaurants face greater competition, as well as higher operating costs, especially labor costs.

Michelle Korsmo, President and CEO of the National Restaurant Association, stated:

“With more than $ 1 trillion in sales planned this year, the state of the restaurant industry is strong thanks to the agility of its operators and employees,” “as our report shows, restaurants are finding ways to adapt to the challenges of increased eating costs and supply chain disruption. Restaurants have responded well to customers’ desire to have more opportunities to enjoy more opportunities, Sales, create employment opportunities and foster a strong sense of the community. “

However, as the Macro Economics continues to show signs of inflation, many diners are having a difficult time and spend carefully. In addition, work scarcity, cost inflation and an unstable economy that can reduce demand are problems that all restaurants deal with. Not all restaurants will do well in this volatile environment. However, companies that offer a strong value to customers should show the most important financial resilience over the coming years.

According to the National Restaurant Association’s research report, the restoration business in the United States is expected to increase further by 2025, and sales are expected to exceed $ 1.5 trillion. Employment is expected to jump 200,000, reaching the total workforce at 15.9 million. Customer demand is still strong; 90% of adults claim that they like to eat due to the different tastes and experiences that restaurants provide. Value is a maximum priority, as 47% of operators want to launch new sales or promotions to attract customers.

However, many customers value the experience more than the price: 47% of limited service diners and 64% of full service diners offer a higher value in dining experiences than in prices. Local traffic is a main strategic priority, with 90% of dining rooms and 87% of casual dining room operators who prioritize it for out-of-home sales. Despite their willingness to pay, many consumers say they would eat more often if they had more money to spend. As the operators have a balance between innovation, price and experience in fostering loyalty and growth, these dynamics show cautious optimism.



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