Overbuilding and soft sales are creating a cycle of bad stock performances by locally-based restaurant companies. As of Oct. 31, eight of nine North Texas-based dining businesses have logged stock decreases of 14 percent or more since the beginning of the year. See the slideshow below to see how the stocks of all of North Texas' restaurant companies have fared so far this year. The exception to the region's bad restaurant stock performance was Wingstop Inc.
Similar Stories to Shifting Tastes: Why North Texas Restaurant Stocks Are Taking A Pounding on Bing News
Jeff Jeffrey, Biz Journals
Fri, 11/10/2017 - 5:40am
BING NEWS:
- Why Business Is Booming for Steakhouses Like LongHorn and Texas Roadhouse
Darden and rivals like Texas Roadhouse aren't likely to engage in the "value war" that is brewing in other industries like fast food and retail, J.P. Morgan analysts said last week, with McDonald's, ...
06/28/2024 - 1:00 pm | View Link - North Texas Food Bank Welcomes New Board Members
The North Texas Food Bank (NTFB) is pleased to announce the addition of two new members to its Board of Directors: Nitin Chaturvedi and Catherine Enrico. Effective at the start of NTFB’s fiscal year ...
06/28/2024 - 3:22 am | View Link - 12 news bites in North Texas: new restaurants, notable closures and more
More pizza, please Cane Rosso pizza joint continues its expansion across North Texas. Its latest restaurant opened June 19, 2024 in Lake Highlands. It replaced the last existing Taco Diner, a ...
06/27/2024 - 6:30 am | View Link - North Texas Legal Community Fights Hunger through North Texas Food Bank Food from the Bar Campaign
North Texas law firms and legal organizations once again united to help the North Texas Food Bank (NTFB) fight summer childhood hunger through a friendly competition called Food from the Bar. This ...
06/27/2024 - 4:00 am | View Link - Fiesta expands in North Texas
Fiesta Mart is expanding for the first time since 2015.The Houston-based supermarket chain that already had a strong presence regionally opened its 60th Texas location yesterday in Lewisville.Why it ...
06/26/2024 - 10:43 am | View Link - More
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