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“By many measures, the lower leg of the K-shaped economy is already in a recession. Frozen pizza seems to be confirming this reality.”
@Navigating Uncertainty
Low-income consumer is past trade-down into distress; the purest dollar-store proxy loses its tailwind.
DGSHORT@ $120.87
$125.29-3.66%
since call Apr 26
peak +4.8%
“Analysts now report restaurant traffic is down more than 2% year-to-date, with fast casual faring worse due to "inflation fatigue." … diners are still showing…”
@Navigating Uncertainty
Restaurant traffic falling as inflation fatigue forces diners away from casual and fast-casual chains
CAVASHORT@ $95.93
$64.21+33.06%
since call Apr 26
peak +35.8%
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