Do Declining Restaurant Sales Signal An Upcoming Recession?

Rupert Hargreaves

Published onJuly 26, 2016

Updated on May 14, 2021

A recession is coming for the restaurant industry according to Stifel.

In a research note sent out to clients today, a copy of which has been reviewed by ValueWalk, analysts at Stifel lay out why it believes the US restaurant industry is now heading for a recession, and why this could signal further bad news for the wider US economy.

A recession is coming for the restaurant industry

It’s Stifel’s view that restaurant industry sales could decline by 150bps to 200bps across all categories during the second half of 2016. Historically, restaurants have led the market lower during pre-recessionary periods a trend that stood out clearly in the 1990, 2001 and 2007 recessions. In each of...

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

Do Declining Restaurant Sales Signal An Upcoming Recession?

A recession is coming for the restaurant industry

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