Want to turn your love for burgers, burritos, and chicken wings into investment ideas? Go where the growth is.
With its stock jumping 58% in the past two years, Chipotle won over not only millions of burrito-loving consumers but also investors. The Mexican food chain posted double-digit same store sales growth consecutively in the last four quarters, a story that sells itself for Wall Street.
To find the next Chipotle, we screened U.S. restaurant stocks based on same-store sales growth, one of the most closely-watched industry metrics. From San Diego-based burger joint Jack In The Box to comeback chicken chain Popeyes, these 14 chains posted at least 5% growth in the latest quarter.
Domino’s Pizza tops our list with a stellar 14.4% same-store-sales growth in the first quarter, driven mainly by strong order growth. The pizza chain rebranded more than 1,000 stores in fiscal 2015 and boosted its online ordering through its new mobile and wearable apps. “[Domino’s Pizza] has continually demonstrated its ability to take share domestically and internationally, leveraging category-leading technology and menu innovation,” Stifel analysts wrote in a note in April.
Written by: Liyan Chen Source: article & picture www.Forbes.com