Restaurant Stocks on the NYSE
Restaurants, arguably more than other industries, have had to adjust swiftly to a new and unrecognizable landscape during the pandemic. And the level of preparedness towards adverse and unpredictable conditions reflects in the last 12 month (LTM) stock price performance of the 18 restaurant stocks on the NYSE.
The performance for this basket of stocks ranges from a high of 90% to a low of -21%. The companies that have rewarded shareholders are at the forefront of industry trends, doubling down on a digital ecosystem through concepts like membership programs, ghost kitchens, delivery, and mobile sales.
Winners and Losers
The vast division of stock price performance has a David and Goliath component to it in that the larger companies with deeper pockets have had the ability to invest in modern initiatives.
The top five performing stocks have an average market cap of $14 billion, while the bottom five possess an average of $630 million.
|Stock||Last 12 Month Performance||Market Cap ($M)|
|Brinker International, Inc.||90.85%||$3,120|
|Shake Shack, Inc.||88.63%||$4,970|
|Chipotle Mexican Grill, Inc.||70.19%||$40,580|
|Yum China Holdings, Inc.||37.53%||(Read more...)|