Restaurant Stocks Still Have a Long Road Ahead
Few business sectors in the U.S. have been rattled by the coronavirus pandemic as much as restaurants.
Across the country, fast-food chains and casual-dining locales have been ordered to shut their dining rooms in order to fight the spread of the virus, limiting their operations to takeout and delivery. That's taken away a majority of sales from many industry operators, especially casual-dining chains. According to the U.S. Census Bureau, sales fell 26.5% in restaurants and bars last month, even though the outbreak didn't begin to force closures until the middle of the month.
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Source Fool.com
