Making Money Minute with Ron Hiebert - Dining Out
Most of you remember a time when dining out in a restaurant was a big deal. Like most things, times and preferences have changed. Today, nearly 75% of all restaurant traffic happens off premise - meaning that almost 3 out of every 4 restaurant orders are taken to go. As usual Millennials and Gen Z are driving the trend with 6 out of 10 of them using take out at least once a week. If you own restaurant stocks, it is important that those companies are keeping up with intergenerational dining trends. If they aren’t, they will be left in the dust.
