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Financing

The Fed sneezes and restaurant stocks get a cold

The Bottom Line: Shares of restaurants were hit hard on Thursday as the Federal Reserve plans more rate hikes. It’s been a tough year for the sector, overall.

Financing

As the economy slows, some restaurants will feel more pain than others

The Bottom Line: The U.S. Federal Reserve raised interest rates on Wednesday and signaled more to come. The impact of its actions won’t be spread evenly.

The Bottom Line: The difficult operating environment has pushed more operators to adopt technology to boost sales and save on labor. But many of these moves are defensive.

Reality Check: Technology's big payback isn't eliminating jobs, it's making current job holders happier.

The Bottom Line: The CFO for the owner of KFC, Pizza Hut, Taco Bell and Habit said the company is “always scanning opportunities.”

Brined cukes and a host of other lip-pursing options are showing up on all types of menus—and everywhere from the drinks list to the dessert array.

Reality Check: Opponents of the wage break for employers are using ballot initiatives to get their way.

The Bottom Line: FedEx's CEO told CNBC that his company’s numbers “don’t portend well” for the economy. More analysts are also predicting a slower holiday spending season.

The two chains both revealed plans to invest $400 million or more into their businesses, joining a list of companies that have put cash behind revitalization plans.

The Bottom Line: Sales at restaurants and bars have been outpacing that of retail for much of the year. Prices may be playing a role, but it’s not entirely clear.

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