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1 day agoAnalysts See Big Upside for Chipotle Stock For This Reason
Comparable sales returned to positive traffic in Q1, while revenue grew, but profitability remains pressured by rising labor and food-related costs.
The restaurant industry is grappling with big questions this year. Diners these days are more value-conscious, more selective, and more willing to stay home; and costs, along with competition, continue to rise for operators. As big chains and local independents try to protect sales or regain their footing, analysts who spoke to Business Insider said the year ahead will come down to whether restaurants can do more with less, without losing what made people want to dine out in the first place.
With cost-cutting a top priority for UK firms, the Budget's biggest impact will come from measures that reduce input costs. But with potential tax rises, it's fair to wonder how much more UK PLC can take before they simply pass more costs on to their customers. After a year of persistent inflation raising the cost of raw materials, US tariff chaos and shifting trade policies,
Chief executive Phil Urban stated, "It's been the case for the last two or three years that Nicholson's has led the way, closely followed by Sizzling Pubs, Vintage Inns, and Castle Pubs."