Market Trends Operator Trends The Ashton Report Insider Whats Important Now: Insider

Moody’s Upgrades Its 2021 Outlook For Chain Profits

 class=
Written by The Ashton Report
 class=

The folks at Moody’s Analytics are feeling somewhat better about the prospects for profits at the country’s leading restaurant chains net year. Chain profits have fallen about 30% so far in 2020, but Moody’s expects them to rise 15% next year. As a result, the economic forecasting and ratings firm has boosted its overall outlook…

This content is for registered members of The Ashton Report or paid subscribers to The Ashton Report Insider only. Please register by clicking on the button below to get full access.

Register
Already a member? Log in here

About the author

The Ashton Report