Breakfast Is Making a Comeback. That's Good News for These Fast Food Stocks
It appears consumers may be returning to their pre-pandemic restaurant habits. That includes grabbing a bite to eat for breakfast on the road. The morning part of the day was hit especially hard during the past two years at quick-service restaurants, as work-from-home models went into place during COVID-19, taking morning commuters off the road. There are recent signs of recovery, however.
Recent data from Revenue Management Solutions shows that breakfast traffic started returning to positive levels in May. On the second quarter as a whole, breakfast restaurant traffic was flat compared to the same period last year, according to The NPD Group. Comparatively, restaurant traffic declined during other parts of the day.
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Source Fool.com
