Foodservice industry remains positive while awaiting economic improvement
Foodservice industry remains positive while awaiting economic improvement
As of late October, almost all the major U.S. fast-food chain restaurants reported increases in their most recent quarterly earnings over the same quarter a year ago. It's no surprise: the lowest-priced restaurant category was expected to benefit during the bad economy as consumers tightened their spending.
Some wonder, however, if sales at McDonald's, Burger King, Yum Brands and other quick-serve style restaurant chains will start to trickle down as the United States inches toward economic recovery.
Some wonder, however, if sales at McDonald's, Burger King, Yum Brands and other quick-serve style restaurant chains will start to trickle down as the United States inches toward economic recovery.