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Senior Analyst Michael Halen on the State of Restaurant Industry

Restaurant Engine

“Social distancing measures, primarily the dining room closures, have really hurt restaurant sales throughout late March through May,” said Bloomberg restaurant analyst Michael Halen today on national radio. Pre-COVID-19, restaurants employed approximately 10% of the entire U.S.

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McDonald’s Earnings Disappoint, Starbucks Beats

Restaurant Engine

Today on national radio , senior restaurant analyst Michael Halen discussed disappointing earnings reports from McDonald’s (NYSE:MCD) and Starbucks (NASDAQ:SBUX). per share below analysts’ consensus for another consecutive quarter. Michael Halen discussed the report as follows.