These margins reflect all expenses: 11 of US restaurants have become less profitable with many suffering from rising overhead costs, in a further sign of an impending recession for the industry, Paul Westra writes in BOB . Stifel Nicholaus analyst, Stifel Nicholaus , recently downgraded Nearly half restaurants, stating that falling sales are the "canary that lays the recessionary egg," since historically, restaurants have led the stock market lower ahead of previous financial crises.
11 of US restaurants have become less profitable with many suffering from rising overhead costs, in a further sign of an impending recession for the industry, Paul Westra writes in BOB . Stifel Nicholaus analyst, Stifel Nicholaus , recently downgraded Nearly half restaurants, stating that falling sales are the "canary that lays the recessionary egg," since historically, restaurants have led the stock market lower ahead of previous financial crises.