And investors are taking cue. Chris O’Cull, an Equity Research Analysis focusing on restaurant companies at KeyBanc Capital, told the Journal that investors should put their money in pizza delivery. In recent weeks, more people are choosing to stay at home rather than eat out, and it's a trend he thinks will last through the November election at least.
The same “civil and political disruptions that have negatively impacted restaurant dining may be helping pizza operators that deliver to consumers," says O'Cull. Casual-dining traffic is down 3 to 5% in recent weeks; meanwhile, stocks for Papa John's and rival Domino's are up.
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If you’re feeling the same impulse to hunker down and curl up, but are more keen to make-at-home than order-in, we're here for you:
A (former) student of English, a lover of raisins, a user of comma splices. My spirit animal is an eggplant. I'm probably the person who picked all of the cookie dough out of the cookie dough ice cream. For that, I'm sorry.