US restaurant sales drop as Iran war pushes gasoline prices higher
By Waylon Cunningham May 4 (Reuters) – Several U.S. restaurant chains including Wingstop and Domino’s reported weaker-than-expected sales growth in the latest quarter, saying that soaring gasoline prices caused by the U.S.-Israeli war on Iran have forced their customers to cut back on other spending. Many don’t expect consumers to feel relief anytime soon. Analysts expect other restaurant chains also will show declining sales growth in upcoming earnings including Shake […]