Casual Dining Momentum Seen Remaining Strong Through Year End -- Market Talk
Dow Jones
Jul 12, 2025
1847 ET - Casual dining demand continues to be surprisingly strong and will likely remain robust through the rest of this year, UBS analysts say in a note. The industry continues to close the gap in menu prices with quick service restaurants and promotions appear effective, the analysts say. It also has less exposure to cash-strapped lower income consumers, and experiential dining seems to hold up even amid discretionary spending slowdowns, the analysts say. Such factors should continue to boost demand for establishments like Darden Restaurants and Texas Roadhouse before the industry's momentum normalizes into next year, they add. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
July 11, 2025 18:47 ET (22:47 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.