Stock Performance

Commodity & Labor Concerns Weigh on FSR Stocks

  • Restaurant stocks sharply underperformed in October as deteriorating labor issues and near record commodity costs are squeezing margins.
  • RR’s $1B+ Index now underperforms the S&P 500 index by -9.5% on a YTD basis.
  • Despite sector performance, Portillo’s (67 unit all company owned fast casual chain) completed an IPO and Sweetgreen (140+ unit salad chain) filed to go public.