I know we are not big on fundamentals, but I do have a group that I do NOT like. Restaurants can be hurt on so many fronts. 1. Wages are rising and that is the biggest input cost 2. Food costs are rising and inflation is rising 3. Workers in many states are walking out and restaurants can’t find employees. 4. Delta variant is on the rise. Input costs will rise for sure and it is questionable to what extent consumers are willing to pay them. The walkouts and Delta are less of a concern, but could spark selling pressure. Just some thoughts on this group
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