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Gas Prices Spike, Hitting Restaurant Sales

Gas Prices Spike, Hitting Restaurant Sales

Published 3 weeks, 5 days ago
Description

Gas prices surge, hitting restaurant chains hard: Wingstop and Dominos report weaker sales as consumers cut back on dining out. Taco Bell and Starbucks buck the trend with growth, but analysts predict slow growth ahead for others. California drivers hit hardest, with average gas prices at six dollars and eleven cents per gallon.

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