Why Wingstop Thrived While Cracker Barrel Struggled
While it may be tempting to lump all restaurant investments together, not all are created equal. When choosing an investment in this space, it's important to know where revenue is coming from.
In this video from Motley Fool Live, recorded on July 2, Motley Fool bureau chief of healthcare and cannabis Corinne Cardina talks with contributor Jon Quast about how the COVID-19 pandemic exposed key differences in restaurant stocks. Some, like Wingstop (NASDAQ: WING), were well prepared for the disruption thanks to a high percentage of digital sales prior to the coronavirus. By contrast, Cracker Barrel (NASDAQ: CBRL) has a large retail presence that couldn't recover with reduced in-restaurant traffic.
Source Fool.com
