While the restaurant industry is grappling with inflation, labor shortage, supply chain disruptions, and rising interest rates, operators remain optimistic. So, investors looking for quality restaurant stocks can consider buying Starbucks Corporation (SBUX) and Luckin Coffee Inc. (LKNCY).
Six in 10 operators expect higher sales in the coming months. Also, as per the National Restaurant Association’s 2023 State of the Restaurant Industry report from earlier this year, nearly 3 in 4 operators say business conditions are already close to normal.
