Reported about 1 month ago
The restaurant sector has experienced a downturn as consumers shift toward better value choices amidst rising prices in quick service restaurants. Analysts suggest focusing on high-end concepts like Sweetgreen and Cava, which have performed well, while traditional fast food brands face challenges. Notably, Papa John's, under new leadership, is seen as a promising investment due to its new strategies aimed at fostering franchise growth and enhancing consumer offerings.
Source: YAHOO