SHAK - Restaurant stocks slip as investors factor in persistent headwinds

vicnt/iStock via Getty Images Restaurant stocks are having a rough session with dine-in names down by a larger margin than chains that specialize in takeout. Notable decliners include Red Robin Gourmet ([[RRGB]] -6.6%), Shake Shack ([[SHAK]] -6.5%), Bloomin' Brands ([[BLMN]] -5.4%), BJ's Restaurants ([[BJRI]] -5.4%), Ruth's Hospitality Group ([[RUTH]] -4.7%), Brinker International ([[EAT]] -4.8%), Dine Brands ([[DIN]] -3.6%) and Denny's ([[DENN]] -4.0%). The sector is still expected to be in recovery mode, but analysts say that the timeline for when inflation headwinds (commodity and labor) and COVID-19 developments are off the menu is being pushed back. For the year, the restaurant stocks with the biggest gains are momentum-boosted stocks like BBQ Holdings (BBQ) +235%, Kura Sushi USA (KRUS) +144%, The One Group Hospitality (STKS) +144% and FAT Brands (FAT) +89%. The biggest value play in the sector is Carrols Restaurant Group (TAST) per Seeking Alpha's Quant Ratings.

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Restaurant stocks slip as investors factor in persistent headwinds