5 Restaurant Stocks Poised for Earnings Surprises This Season
From Nasdaq Stock Market: 2025-01-28 09:29:00
The restaurant industry in Q4 2024 saw increased sales, driven by menu price hikes and expansion efforts. Quick-service brands showed stability in traffic and sales due to price-conscious consumers. Off-premise sales, ghost kitchens, and delivery partnerships are boosting growth, but high operating costs remain a challenge. Stay updated with Zacks Earnings Calendar for quarterly releases.
Brinker International (EAT) is expected to beat estimates in Q2 fiscal 2025 with revenue growth from effective marketing and menu strategies. Chipotle (CMG) is set to report strong Q4 2024 results, benefiting from digital efforts and new restaurant openings. The Cheesecake Factory (CAKE) anticipates earnings and revenue growth in Q4 2024 with a focus on digital services and new offerings.
Wingstop (WING) is likely to see strong Q4 2024 results, driven by comps growth and strategic partnerships. Shake Shack (SHAK) expects earnings and revenue growth in Q4 2024 due to digital initiatives and menu expansions. Check out Zacks for stock analysis reports on these companies for potential investment opportunities.
Read more at Nasdaq Stock Market:: 5 Restaurant Stocks Poised for Earnings Surprises This Season