4 Top Restaurant Stocks to Watch in Mid-April 2022 |

Could investors be watching these top restaurant stocks in the stock market today?

As we navigate a post-pandemic world, investors may be looking to the stock market to invest in industries recovering from the pandemic. And one of those industries would be restaurant stocks. Thankfully, eating out has now become the norm again as restrictions have eased. And as more customers return to eating out, it would theoretically lead to better revenue for restaurants. As such, investors might keep an eye on restaurant stocks as we head into a new earnings season.

earlier this week, Wendy’s (NASDAQ:WEN) announced its entry into the Metaverse. Together with meta platforms (NASDAQ: FB) Horizon Worlds, Wendy’s launched a new online community called “Wendyverse.” In the Wendyverse, fans can visit the company’s first virtual reality restaurant. Back on earth we have sweet green (NYSE:SG). The mission-driven company announced last month that it will open its first “Sweetlane” drive-thru concept within the next year. The new pilot restaurant, opening in Schaumburg, Illinois, will add the sweetlane to increase convenience for digital customers. With all of these developments in the industry, let’s take a look at 4 top restaurant stocks to watch in the stock market today.

to buy restaurant stocks [Or Sell] today

FAT brands

Us to start today is FAT brands, a leading multi-brand restaurant franchise. It strategically develops, markets and acquires restaurant concepts around the globe. These include casual dining, fast casual and quick service dining concepts. The brand portfolio includes Round Table Pizza, Fatburger, Johnny Rockets and many other renowned brands. For a sense of scale, FAT sells over 2,300 units worldwide. The company also has a strong branded pipeline for future acquisitions and has a scalable management platform.

Earlier this week, the company announced that it had signed 20 new development deals for Quick Service brands. These include Round Table Pizza, Great American Cookies, Marble Slab Creamery, Hot Dog on a Stick, and Pretzelmaker. The above brands were part of the Global Franchise Group that FAT acquired last year. Apparently, through the acquisition, FAT Brands strategically expanded into the snack and pizza segments, with those businesses being part of its Quick Service division. The development agreements signed by FAT will include the creation of more than 50 new stores for the recently acquired brands. Overall, FAT’s Quick Service division has more than 150 units in the pipeline, with 30 sites planned for this year. As FAT Expands Its Reach, Should You Invest in FAT Stocks?

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Entertainment by Dave & Buster

PLAY share

Dave & Busters is an owner and operator of high-volume entertainment and dining venues. The Company offers its customers the opportunity to eat, drink, play and watch all in one place. Simply put, you could have a sociable and fun time while enjoying great food and drinks. Also, the stores are designed to accommodate premier sporting events, private parties and corporate functions. Over the past six months, PLAY stock is up nearly 25%.

Last week Main Event Entertainment announced that Ardent Leisure Group and RedBird Capital have reached an agreement with Dave & Buster’s to acquire Main Event. For those who don’t know, Main Event is one of the fastest growing family entertainment brands in the country with 50 operations nationwide. Main Event offers entertainment such as bowling, laser tag, arcade games and the like. Accordingly, the acquisition is said to be valued at US$835 million and is expected to close later this year. This strategic move presents an opportunity to bring together two thriving brands with a uniquely different audience. In addition, it will also expand the breadth of offerings and guest experiences for each brand. With this acquisition, is PLAY stock a buy?

Yummy! Brands

tasty share

Another top restaurant stock on investors’ radars is Yummy! Brands (YUM). For the uninitiated, the company operates world famous restaurant brands like KFC, Pizza Hut, Taco Bell, The Habit Burger Grill, and Wingstreet. The only exception would be in China, where it operates through a separate company, Yum China Holdings (NYSE:YUMC). In fact, YUM is one of the world’s largest fast food restaurant companies in terms of system units. As of 2021, the company had over 53,000 restaurants in 135 nations and territories worldwide.

Earlier this month it was reported that YUM had filed NFT trademarks for KFC, Pizza Hut and Taco Bell. According to the United States Patent and Trademark Office (USPTO), trademarks for virtual F&B products have been filed for these three brands. Additionally, the brands included downloadable virtual goods such as NFTs, digital tokens, loyalty cards, and even video game software with NFTs and other virtual goods. YUM joins a growing list of brands from various industries that have registered trademarks in the NFT space. And with that in mind, will you be watching YUM stock make its next move?

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Dutch Bros

BROS share

Last but not least is Dutch Bros (BROS), a rising name in the US specialty coffee scene. For the most part, it identifies itself as a high-growth operator and franchisor of drive-thru coffee shops. The company meets the needs of coffee drinkers by offering them a range of quality handcrafted beverages. To give a sense of scale, BROS operates through a network of over 500 locations across the US. In March, the coffee chain operator released its financial results for the fourth quarter and full year 2021.

Revenue was $140.1 million, up 55.8% year over year. In addition, System Same Shop sales increased 10.1% in the fourth quarter and 15.3% on a two-year basis. Gross profit operated by the company was $16.1 million, up 15.4% year over year. BROS also opened 35 new stores during the quarter, beating its record of 33 stores for the period. In addition, the company provided the following outlook. Namely, it is expected that at least 125 stores will be opened, of which at least 105 stores will be self-operated. In addition, the company forecasts total sales of between $700 million and $715 million. As BROS continues to expand its presence in the coffee industry, would you consider adding BROS stocks to your portfolio?

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