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Restaurant Earnings Have Been Strong. Why Some Operators See Trouble Ahead.

Por: MarketWatch Business April 28, 2023

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“Our base case does not include a recession, or certainly not a meaningful recession,” said John Hartung, Chipotle’s chief financial and administrative officer, in a call with analysts. “Again, it looks like unemployment is holding up really well. It looks like consumer spending is strong right now.” Consumer spending for food services and accommodations jumped by roughly 15% in the first quarter of 2023 from the same period last year,... + full article



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