August 7, 2016
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The restaurant industry is heading for a downturn, according to one industry analyst interviewed Tuesday for Bloomberg.com. Stifel Analyst Paul Westra's prediction, however, leaves out the pizza sector. The dire second-quarter results from 15 of 16 major food service chains is the basis for Westra's argument. He pointed out that they have shown either a dip in sales or slowed growth from the previous quarter. Read the story. |
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