Always a big fan of Starbucks

2021-08-05

Always a big fan of Starbucks stock, missed the chance to buy in when the pandemic first arrived.Personally, Starbucks main power comes with their branding, self-advertisement and attractive merchandise. Although most people get Starbucks for the premium feel (which of course is only enjoyed dining in person).But food delivery is becoming a norm for the next few years, so there is no worry that there is no demand for coffee. On the other hand, coffee beans itself might become more expensive in the years to come as climate change affects us. They have to continuously have creative tastes and merchandise to stay competitive while finding innovative ways to be sustainable.

7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Rubenjorge
2021-08-06
Rubenjorge
Good time to add more now.

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":899903390,"tweetId":"899903390","gmtCreate":1628148272010,"gmtModify":1703502101821,"author":{"id":3572064005702971,"authorId":3572064005702971,"authorIdStr":"3572064005702971","name":"Guardian91","avatar":"https://static.tigerbbs.com/e4a68d7a51e72bf7de3fb84741373219","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":4,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>Always a big fan of Starbucks stock, missed the chance to buy in when the pandemic first arrived.Personally, Starbucks main power comes with their branding, self-advertisement and attractive merchandise. Although most people get Starbucks for the premium feel (which of course is only enjoyed dining&nbsp;in person).But&nbsp;food delivery is&nbsp;becoming a norm for the next few years, so&nbsp;there is no worry that there is no demand for coffee. On the other hand, coffee beans itself might become more expensive in the years to come as climate change affects us. They have to continuously have creative tastes and merchandise to stay competitive while finding innovative ways to be sustainable.</body></html>","htmlText":"<html><head></head><body>Always a big fan of Starbucks stock, missed the chance to buy in when the pandemic first arrived.Personally, Starbucks main power comes with their branding, self-advertisement and attractive merchandise. Although most people get Starbucks for the premium feel (which of course is only enjoyed dining&nbsp;in person).But&nbsp;food delivery is&nbsp;becoming a norm for the next few years, so&nbsp;there is no worry that there is no demand for coffee. On the other hand, coffee beans itself might become more expensive in the years to come as climate change affects us. They have to continuously have creative tastes and merchandise to stay competitive while finding innovative ways to be sustainable.</body></html>","text":"Always a big fan of Starbucks stock, missed the chance to buy in when the pandemic first arrived.Personally, Starbucks main power comes with their branding, self-advertisement and attractive merchandise. Although most people get Starbucks for the premium feel (which of course is only enjoyed dining in person).But food delivery is becoming a norm for the next few years, so there is no worry that there is no demand for coffee. On the other hand, coffee beans itself might become more expensive in the years to come as climate change affects us. They have to continuously have creative tastes and merchandise to stay competitive while finding innovative ways to be sustainable.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/899903390","repostId":1109459574,"repostType":2,"repost":{"id":"1109459574","pubTimestamp":1628142993,"share":"https://www.laohu8.com/m/news/1109459574?lang=&edition=full","pubTime":"2021-08-05 13:56","market":"us","language":"en","title":"7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover","url":"https://stock-news.laohu8.com/highlight/detail?id=1109459574","media":"InvestorPlace","summary":"Restaurant stocks were hit hard by the pandemic, but these chains are positioned for recovery and gr","content":"Restaurant stocks were hit hard by the pandemic, but these chains are positioned for recovery and growth\n<img src=\"https://static.tigerbbs.com/d2eb44424b42f94add678bc777f809c4\" tg-width=\"1024\" tg-height=\"576\" width=\"100%\" height=\"auto\">Source: Shutterstock\nAt the start of the pandemic, few investments seemed as risky as restaurant stocks. According to research published by&nbsp;Harvard Business School, two months into the pandemic,40% of American restaurants were closed&nbsp;and 8 million employees were out of a job. That was three times the job losses experienced by any other industry. The National Restaurant Association projected an industry revenue shortfall of $240 billion in 2020.\nHowever, the restaurant industry also proved resilient.There were bankruptcies— including some well known, national chains — but many restaurants successfully pivoted to takeout and outdoor dining. Now, with the country re-opening, hard-hit sectors are recovering.\nEnergy stocks&nbsp;have begun to rally. People returning to the office are picking up coffee again on their commute. Families are going to see movies. And these seven restaurant stocks are poised to benefit from the resurgence of dining out.\n<ul>\n <li>Brinker International, Inc.(NYSE:EAT)</li>\n <li>Cheesecake Factory Inc(NASDAQ:CAKE)</li>\n <li>Darden Restaurants, Inc.(NYSE:DRI)</li>\n <li>Denny’s Corp(NASDAQ:DENN)</li>\n <li>Ruth’s Hospitality Group, Inc.(NASDAQ:RUTH)</li>\n <li>Shake Shack Inc(NYSE:SHAK)</li>\n <li>Starbucks Corporation(NASDAQ:SBUX)</li>\n</ul>\nWhile times were tough last year, some of these restaurant chains are now stronger than ever and positioned to grow their business at a faster pace thanks to adaptations they put in place because of the pandemic.\nBrinker International (EAT)\nBrinker International is the owner of several restaurant chains, the most notable being Chili’s. The company owns over 1,600 locations. Casual dining chains like Chili’s were hit hard by the pandemic. Families stopped going out to eat, people stopped going out at night for entertainment, and office workers stopped going out for lunch. With business travel at a standstill, there was no-one staying at airport hotels and looking for a familiar spot for a meal and a drink.\nAs the end of January 2020 approached, EAT shares were worth nearly $46. By March 20, they were below $10. However, Chili’s worked hard to adapt. The chain “took the dining room to the parking lot” and was selling $1 million a week in margaritas to-go. In its most recent earnings, Brinker&nbsp;reported revenue down&nbsp;slightly from a year ago, reflecting “the continued impact from the COVID-19 pandemic.” That news was a big part of EAT stock sliding from its 2021 (and all-time) high close of $77.77 in March, to its current price in the $54 range.\nThat price — just slightly above its 2021 open — offers opportunity. Restaurant stocks like EAT are expected to climb as the pandemic recovery continues.\nAt the time of publication, EAT stock was rated “B” in&nbsp;Portfolio Grader.\nCheesecake Factory (CAKE)\nCasual dining chain Cheesecake Factory was in real trouble in 2020. It was not only a sit-down restaurant chain, but most of its locations were in malls. The pandemic devastated dining room business and it killed off mall traffic — with many malls forced to close altogether during lockdowns.\nAfter plunging last February, CAKE stock rallied, but then the company ran into an&nbsp;Securities and Exchange Commission&nbsp;investigation. The SEC ruled that Cheesecake Factory told investors its locations were “operating sustainably” when in fact it was losing $6 million a week and had told mall landlords it would stop paying rent.\nThe company reported its&nbsp;second-quarter 2021 earnings&nbsp;in July. Earnings and revenue beat estimates, thanks to indoor dining restrictions being lifted and its pandemic-kickstarted takeout operations performing well. Even now, takeout sales are double 2019 levels, which has opened up new business opportunity for this chain. The company even opened three new locations during the quarter. CAKE stock is currently trading in the $45 range, up 28% since the start of the year.\nThe&nbsp;Portfolio Grader&nbsp;rating for CAKE stock is currently “B.”\nDarden Restaurants (DRI)\nDarden Restaurants owns several fine dining restaurant chains and a half dozen casual dining chains. The one most people know the company for is Olive Garden.\nDarden is turning into a post-pandemic success story. When the company reported fiscal fourth-quarter results at the end of June,it beat analyst expectations&nbsp;for both earnings and revenue. Darden said that same-store sales for its restaurants had nearly returned to 2019, pre-pandemic levels. In addition, management projected fiscal 2022 sales will top pre-pandemic levels. Naturally, DRI stock popped on that news.\nDarden was already a solid performer among restaurant stocks. DRI posted growth of 188% in the decade leading up to the pandemic. It tanked last March, but has been rallying since then. At this point, investors have seen a return of 25% since the start of 2021.\nDRI stock currently earns a “B” rating in&nbsp;Portfolio Grader.\nDenny’s (DENN)\nWith a focus on breakfast (including an all-day breakfast menu), in-store dining and many locations located near transportation centers, Denny’s had a tougher time than many restaurants during the pandemic. Even last August — when many other restaurants had successfully pivoted to takeout — Denny’s was making lists of&nbsp;chains most likely to fail.\nDenny’s survived, and by spring, DENN stock rallied to near February 2020 levels. However, shares have taken a hit again after the company&nbsp;announced a stock offering in July. At this point, Denny’s stock is up slightly in 2021. It has potential to rally again if re-opening continues, travel picks up and dining room breakfast is once again in demand.\nAt the time of publication, DENN stock was rated “B” in&nbsp;Portfolio Grader.\nRuth’s Hospitality Group (RUTH)\nThe pandemic turned into the perfect storm for Ruth’s Hospitality Group, owner of the popular Ruth’s Chris steakhouse restaurants. Ruth’s Chris was focused on dining room service, not takeout. It had a large business clientele. The pandemic emptied out big city downtown districts and steamrolled business travel. That meant business lunches and dinners were done.\nThe company was&nbsp;forced to take dramatic steps to survive. This included closing 23 of its 135 U.S. Ruth’s Chris restaurants, with a focus on axing locations where takeout simply wasn’t viable. Staff were furloughed, while remaining staff and executives took pay cuts. In February 2020, RUTH shares were trading for over $22. Three weeks into March, they were approaching $4 — an 82% drop. The company even took a $20 million coronavirus Paycheck Protection loan, but ended up&nbsp;returning the money after public backlash.\nToday, Ruth’s is in a much stronger position. Most of its restaurants are open, it has a takeout business that didn’t exist before the pandemic, and its financial situation is improving. In addition, the company is looking to the future with several new restaurants planned for this year and three or four more in 2022. As workers return to the office and business travel begins to return, the RUTH stock recovery (now up 386% from that March 2020 low) should gain steam.\nThe currentPortfolio Grader&nbsp;rating for RUTH stock is “B.”\nShake Shack (SHAK)\nJust like its home town of New York, Shake Shack was battered early on by the pandemic. While other burger chains were built around drive-throughs and thrived during lockdowns, Shake Shack locations were not. They were primarily located around urban downtowns and airports. Ground zero for business disruption. Shake Shack had to rely on curbside pickup and delivery services.\nHowever, this company used the pandemic as a teaching moment to redesign its stores and it is in expansion mode. The first Shake Shack drive-though will open this year. In addition, the company says it plans to open up to 90 new locations in 2021 and 2022.\nCurrently trading at just over $100, SHAK stock is up 12% so far in 2021.\nSHAK stock currently rates a “B” in&nbsp;Portfolio Grader.\nStarbucks (SBUX)\nFinally, the most ubiquitous chain on this list of restaurant stocks. With nearly 15,000 locations in the U.S., Starbucks has the country blanketed. Many of those locations are drive-throughs as well. Unfortunately for Starbucks, many companies opted to allow staff to work from home. That hammered coffee and snack sales at downtown locations, while also cutting sales at drive-through Starbucks stores as commuters left their cars in the garage.\nIn its first full quarter of the pandemic in 2020, the company said&nbsp;it had lost $3.2 billion in sales&nbsp;as a result.\nIt seems safe to say that the turnaround in Starbucks’ fortune is well underway.In its most recent quarter, the company reported revenue hit a record $7.5 billion. In the U.S., its same-store sales were up 83% year-over-year, and 10% over pre-pandemic levels. Starbucks kicked back into expansion mode as well, opening 352 net new stores during the quarter.\nAfter a brief setback when the market crashed last March, SBUX stock quickly kicked back into growth mode. At this point, it’s up 14% in 2021. So far as restaurant stocks go, SBUX has been a model for long-term growth, with a trajectory that kicked off in 2009 and shows no sign of levelling off.\nThe current rating for SVUX stock in&nbsp;Portfolio Graderis “B.”","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n7 of the Best Restaurant Stocks to Buy Now as They Begin to Recover\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-05 13:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/08/7-of-the-best-restaurant-stocks-to-buy-now-as-they-begin-to-recover/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nRestaurant stocks were hit hard by the pandemic, but these chains are positioned for recovery and growth\nSource: Shutterstock\nAt the start of the pandemic, few investments seemed as risky as ...\n\n<a href=\"https://investorplace.com/2021/08/7-of-the-best-restaurant-stocks-to-buy-now-as-they-begin-to-recover/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DRI":"达登饭店","EAT":"布林克国际","DENN":"丹尼斯","SHAK":"Shake Shack Inc","CAKE":"芝乐坊餐馆","SBUX":"星巴克","RUTH":"鲁斯集团"},"source_url":"https://investorplace.com/2021/08/7-of-the-best-restaurant-stocks-to-buy-now-as-they-begin-to-recover/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109459574","content_text":"Restaurant stocks were hit hard by the pandemic, but these chains are positioned for recovery and growth\nSource: Shutterstock\nAt the start of the pandemic, few investments seemed as risky as restaurant stocks. According to research published by Harvard Business School, two months into the pandemic,40% of American restaurants were closed and 8 million employees were out of a job. That was three times the job losses experienced by any other industry. The National Restaurant Association projected an industry revenue shortfall of $240 billion in 2020.\nHowever, the restaurant industry also proved resilient.There were bankruptcies— including some well known, national chains — but many restaurants successfully pivoted to takeout and outdoor dining. Now, with the country re-opening, hard-hit sectors are recovering.\nEnergy stocks have begun to rally. People returning to the office are picking up coffee again on their commute. Families are going to see movies. And these seven restaurant stocks are poised to benefit from the resurgence of dining out.\n\nBrinker International, Inc.(NYSE:EAT)\nCheesecake Factory Inc(NASDAQ:CAKE)\nDarden Restaurants, Inc.(NYSE:DRI)\nDenny’s Corp(NASDAQ:DENN)\nRuth’s Hospitality Group, Inc.(NASDAQ:RUTH)\nShake Shack Inc(NYSE:SHAK)\nStarbucks Corporation(NASDAQ:SBUX)\n\nWhile times were tough last year, some of these restaurant chains are now stronger than ever and positioned to grow their business at a faster pace thanks to adaptations they put in place because of the pandemic.\nBrinker International (EAT)\nBrinker International is the owner of several restaurant chains, the most notable being Chili’s. The company owns over 1,600 locations. Casual dining chains like Chili’s were hit hard by the pandemic. Families stopped going out to eat, people stopped going out at night for entertainment, and office workers stopped going out for lunch. With business travel at a standstill, there was no-one staying at airport hotels and looking for a familiar spot for a meal and a drink.\nAs the end of January 2020 approached, EAT shares were worth nearly $46. By March 20, they were below $10. However, Chili’s worked hard to adapt. The chain “took the dining room to the parking lot” and was selling $1 million a week in margaritas to-go. In its most recent earnings, Brinker reported revenue down slightly from a year ago, reflecting “the continued impact from the COVID-19 pandemic.” That news was a big part of EAT stock sliding from its 2021 (and all-time) high close of $77.77 in March, to its current price in the $54 range.\nThat price — just slightly above its 2021 open — offers opportunity. Restaurant stocks like EAT are expected to climb as the pandemic recovery continues.\nAt the time of publication, EAT stock was rated “B” in Portfolio Grader.\nCheesecake Factory (CAKE)\nCasual dining chain Cheesecake Factory was in real trouble in 2020. It was not only a sit-down restaurant chain, but most of its locations were in malls. The pandemic devastated dining room business and it killed off mall traffic — with many malls forced to close altogether during lockdowns.\nAfter plunging last February, CAKE stock rallied, but then the company ran into an Securities and Exchange Commission investigation. The SEC ruled that Cheesecake Factory told investors its locations were “operating sustainably” when in fact it was losing $6 million a week and had told mall landlords it would stop paying rent.\nThe company reported its second-quarter 2021 earnings in July. Earnings and revenue beat estimates, thanks to indoor dining restrictions being lifted and its pandemic-kickstarted takeout operations performing well. Even now, takeout sales are double 2019 levels, which has opened up new business opportunity for this chain. The company even opened three new locations during the quarter. CAKE stock is currently trading in the $45 range, up 28% since the start of the year.\nThe Portfolio Grader rating for CAKE stock is currently “B.”\nDarden Restaurants (DRI)\nDarden Restaurants owns several fine dining restaurant chains and a half dozen casual dining chains. The one most people know the company for is Olive Garden.\nDarden is turning into a post-pandemic success story. When the company reported fiscal fourth-quarter results at the end of June,it beat analyst expectations for both earnings and revenue. Darden said that same-store sales for its restaurants had nearly returned to 2019, pre-pandemic levels. In addition, management projected fiscal 2022 sales will top pre-pandemic levels. Naturally, DRI stock popped on that news.\nDarden was already a solid performer among restaurant stocks. DRI posted growth of 188% in the decade leading up to the pandemic. It tanked last March, but has been rallying since then. At this point, investors have seen a return of 25% since the start of 2021.\nDRI stock currently earns a “B” rating in Portfolio Grader.\nDenny’s (DENN)\nWith a focus on breakfast (including an all-day breakfast menu), in-store dining and many locations located near transportation centers, Denny’s had a tougher time than many restaurants during the pandemic. Even last August — when many other restaurants had successfully pivoted to takeout — Denny’s was making lists of chains most likely to fail.\nDenny’s survived, and by spring, DENN stock rallied to near February 2020 levels. However, shares have taken a hit again after the company announced a stock offering in July. At this point, Denny’s stock is up slightly in 2021. It has potential to rally again if re-opening continues, travel picks up and dining room breakfast is once again in demand.\nAt the time of publication, DENN stock was rated “B” in Portfolio Grader.\nRuth’s Hospitality Group (RUTH)\nThe pandemic turned into the perfect storm for Ruth’s Hospitality Group, owner of the popular Ruth’s Chris steakhouse restaurants. Ruth’s Chris was focused on dining room service, not takeout. It had a large business clientele. The pandemic emptied out big city downtown districts and steamrolled business travel. That meant business lunches and dinners were done.\nThe company was forced to take dramatic steps to survive. This included closing 23 of its 135 U.S. Ruth’s Chris restaurants, with a focus on axing locations where takeout simply wasn’t viable. Staff were furloughed, while remaining staff and executives took pay cuts. In February 2020, RUTH shares were trading for over $22. Three weeks into March, they were approaching $4 — an 82% drop. The company even took a $20 million coronavirus Paycheck Protection loan, but ended up returning the money after public backlash.\nToday, Ruth’s is in a much stronger position. Most of its restaurants are open, it has a takeout business that didn’t exist before the pandemic, and its financial situation is improving. In addition, the company is looking to the future with several new restaurants planned for this year and three or four more in 2022. As workers return to the office and business travel begins to return, the RUTH stock recovery (now up 386% from that March 2020 low) should gain steam.\nThe currentPortfolio Grader rating for RUTH stock is “B.”\nShake Shack (SHAK)\nJust like its home town of New York, Shake Shack was battered early on by the pandemic. While other burger chains were built around drive-throughs and thrived during lockdowns, Shake Shack locations were not. They were primarily located around urban downtowns and airports. Ground zero for business disruption. Shake Shack had to rely on curbside pickup and delivery services.\nHowever, this company used the pandemic as a teaching moment to redesign its stores and it is in expansion mode. The first Shake Shack drive-though will open this year. In addition, the company says it plans to open up to 90 new locations in 2021 and 2022.\nCurrently trading at just over $100, SHAK stock is up 12% so far in 2021.\nSHAK stock currently rates a “B” in Portfolio Grader.\nStarbucks (SBUX)\nFinally, the most ubiquitous chain on this list of restaurant stocks. With nearly 15,000 locations in the U.S., Starbucks has the country blanketed. Many of those locations are drive-throughs as well. Unfortunately for Starbucks, many companies opted to allow staff to work from home. That hammered coffee and snack sales at downtown locations, while also cutting sales at drive-through Starbucks stores as commuters left their cars in the garage.\nIn its first full quarter of the pandemic in 2020, the company said it had lost $3.2 billion in sales as a result.\nIt seems safe to say that the turnaround in Starbucks’ fortune is well underway.In its most recent quarter, the company reported revenue hit a record $7.5 billion. In the U.S., its same-store sales were up 83% year-over-year, and 10% over pre-pandemic levels. Starbucks kicked back into expansion mode as well, opening 352 net new stores during the quarter.\nAfter a brief setback when the market crashed last March, SBUX stock quickly kicked back into growth mode. At this point, it’s up 14% in 2021. So far as restaurant stocks go, SBUX has been a model for long-term growth, with a trajectory that kicked off in 2009 and shows no sign of levelling off.\nThe current rating for SVUX stock in Portfolio Graderis “B.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":478,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["SBUX"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":569,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":5438819,"gmtCreate":1628182094492,"gmtModify":1663231983932,"authorId":3586348899512468,"author":{"id":3586348899512468,"authorId":3586348899512468,"name":"Rubenjorge","avatar":"https://static.tigerbbs.com/7212290f00555a41812076617d03c5af","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":899903390,"type":1,"supId":0,"prevId":0,"content":"Good time to add more now.","text":"Good time to add more now.","html":"Good time to add more now.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/899903390"}