Fast food and dine-in restaurants struggled in 2024 as inflationary pressure caused consumers to tighten their spending habits in 2024. However, “build-your-bowl” (BYB) format fast casual restaurants in the retail/wholesale sector had a stellar year. These types of restaurants had an almost elastic halo around them, as their higher prices didn't stop consumers from spending. The addition of steak and beef to their menus also bolstered revenues. Heading into 2025, investors are curious to see if the spending trend continues for the top three BYB fast-casual restaurants. Here's how they performed in their recent results and what it bodes for their future results. Is there a clear winner that is outpacing the rest? Yes.
