Restaurant earnings will test whether owning more brands pays off
Shares of restaurant groups with multiple brands, including Brinker and Darden, are outperforming single-chain stocks such as McDonald’s and Chipotle. Quarterly earnings reports beginning next week are expected to show how these trends are playing out.
Why it matters — Brinker’s results may offer a view into whether the recent relative strength of multi-brand restaurant companies is reflected in operating performance.