iBankCoin

American Isn’t Eating Anymore; Restaurant Sales Fall Flat

$BWLD missed and guided lower this evening, citing a ‘challenging’ restaurant environment. What!? I thought fat faced Americans loved to eat until their stomachs exploded?

Apparently not.

“The challenging restaurant environment continued in the fourth quarter and culminated with a difficult December,” Sally Smith, CEO of Buffalo Wild Wings, said in a statement Tuesday.

Using Exodus, I am able to confirm that the industry isn’t growing anymore, but instead shifting focus on financial engineering to boost earnings. It’s a sad day in America when finding out that eateries are banking coin anymore — at least not with the vigor it once had.

Here’s a list of restaurant stocks with market caps above $1b, representing market capitalization of $290b. While earnings are appreciable higher, sales are, essentially, flat.

Eateries

I run this screen for all of our industries, over 200 in total. It’s fair to say that the overall state of the economy isn’t exactly booming when the median revenue growth of our biggest restaurant companies is less than GDP — barely more than +1%.

Food for thought (pun intended).

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30 comments

  1. peaches

    Eat LSD and spinach. Spend the rest on QQQ and physical silver. Wait for God.

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    • heaterman

      Best advice I’ve heard all day!

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    • ericbakerbruce

      Nice try peachfuzz. We know you are godless. Additionally, a paranoid schizophrenic such as yourself should lay off the psychedelics (extra Syd Barrett).

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      • peaches

        See now that I, even I, am he,
        and there is no god beside me;
        I kill and I make alive;
        I wound and I heal;
        and there is none that can deliver out of my hand.
        For I lift up my hand to heaven
        and swear, As I live forever,
        if I sharpen my flashing sword
        and my hand takes hold on judgment,
        I will take vengeance on my adversaries
        and will repay those who hate me.
        I will make my arrows drunk with blood,
        and my sword shall devour flesh—
        with the blood of the slain and the captives,
        from the long-haired heads of the enemy.

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        • ericbakerbruce

          I’m not convinced. You remain an existentialist living in a transcendental world.

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        • peaches

          I could give two shits if you are convinced. I don’t even know what you are looking to be convinced about.

          I just like posting Torah on Fly’s blog. So you can all read it.

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          • ericbakerbruce

            News flash fuckface – nobody reads a post longer than 4 lines. Especially from the Torah.

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        • peaches

          I’m pretty sure everyone will now that you just said they won’t.

          That is how this game works. Heathen.

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        • peaches

          Chapter 32 is the hottest track in the entire book. Yours also.

          I like to read it out loud in my best Russel Crowe Gladiator voice while listening to Moby’s everloving.

          https://www.youtube.com/watch?v=atyvdC15HFA

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  2. fxtradepro

    Called BWLD on Super Bowl Sunday to place a take out order of 100 wings for the party I was headed to. I was promptly turned away and told that they were taking no orders for pick-up….on Super Bowl Sunday?! Wtf?! Seems like a huge missed opportunity for what has to be the biggest chicken wing eating day of the year. Golf clap.

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  3. mr.wiggles

    Go Vegan and take a B12 every few days.
    Its the best health insurance policy on the market…with no co-pay.
    You’re not a “tough guy” or more of a “man” cause you eat meat or shitty food, dickhead.

    You’re just a stupid fuck that allows food manufacturers to poison you, while you
    give them your money.

    You’re allowing yourself to be played. You’re overweight (although most people here would probably classify as morbidly obese), you’re health is suffering, and you’re totally out of shape.

    Man tits, back fat, a yuge gut, a bloated/puffy face, and love handles are signs of mental weakness. Wake the fuck up.

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    • peaches

      If God did not want me to eat animals he would not have made them out of food…

      That said… most of our meat is probably poisoned, and the animals meet their death in disgusting and vile ways. Cortisol is a stress hormone. Scared animals have cortisol pumping through their veins into their muscle fibers. You eat this. You part take in the stress.

      Totally not Kosher. Not Halal either.

      Entirely down with your health policy… but can’t understand exactly why eggs are so evil?

      Eggs are so healthy for you… assuming they don’t come from fucked up chickens.

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      • mr.wiggles

        I laughed so hard reading this my eyes were tearing up.

        If God did not want me to eat animals he would not have made them out of food…

        That said…”

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        • peaches

          Yes. Have you seen how purdue kills a chicken? as opposed to how a Kosher butcher does it?

          What’s wrong with eggs hippie man?

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        • mr.wiggles

          whats right with an egg? why even go there. you can find other sources of protein. do you really like eggs that much, i mean c’mon man.

          You’re free to harm animals and put whatever you want in your body. Im sure you kids will understand when you die of a heart attack from high cholesterol. You weak piece of shit.

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        • peaches

          Clearly I love eggs. Egg whites have no cholesterol.

          And clearly the vegan thing is just stupid. I gave you a chance to explain why you only eat leaves and you failed.

          Chicken’s don’t give a shit if you eat their period.

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      • mr.wiggles

        I eat a plant based diet because imo its healthy and helps me recover-just feel better overall. I compete in ultra marathons and staying healthy is kind of important.
        Im not telling anyone what they should/should not do.
        If eggs are your thing, go for it

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  4. cancel19

    You can cook better and cheaper at home smoking pot and drinking Russian Vodka whilst nailing your woman watching Netflix! All without worrying of getting your head literally chopped by ISIS or whining libtards wearing pink shit!

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  5. it is showtime

    Word of the day: is cannibalization

    welcome, restaurant sector

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  6. bushwacker2

    Hey all you fucked faced millennials who are into vegan shit and gluten free meals…be an American and pork out at $BWLD $YUM $DAVE $SHAK etc. Else, fuck you and your skinny jeans.

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  7. Dr. Fly

    Jesus Christ you people agree on nothing.

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  8. john_galt

    MCD has been impervious to the downturn so far

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