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Restaurant Stocks Still Put on a Good Show, but Rising Costs Could Bite Them
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Hakkasan Dubai reopens at Atlantis, the Palm
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New Baton Rouge restaurant openings slowed by supply chain, labor shortages and delta
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Baton Rouge new restaurant openings slowed by supply chain, labor issues
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The ONE Group Hospitality, Inc.(NASDAQ:STKS): The restaurant industry should be able to maintain its current operational levels as federal agencies race to curb the rapid spread of the COVID-19 Delta variant through vaccine booster shots. Because discretionary consumer spending remains strong, Wall Street analysts predict restaurant stocks The ONE Group Hospitality (STKS), Del Taco Restaurants (TACO), and Carrols Restaurant Group (TAST) will gain more than 50% in price in the near term. So, let’s discuss these names.