Houlihan Lokey – U.S. Restaurant Industry Update, Spring 2025
Summary
The main topic of the report concerns the update on the U.
S. restaurant industry. Key findings include the resilience of private markets amidst public market volatility. SSS (comparable sales), margins, and EBITDA exceeded expectations during the holiday season due to steady consumer traffic. Despite a slowdown in momentum in the first quarter due to macroeconomic uncertainty, investor interest in private markets remained high.
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