Bloomberg U.S. Quick-Service Restaurant Index rose 13.5% in 2011, led by pizza stocks; Bloomberg's full-service restaurant index dropped 1%, S&P restaurant sub-index rose 29.9%
January 27, 2012
– The Bloomberg U.S. Quick-Service Restaurant Index rose 13.5% in 2011, while its full-service restaurant index dropped 1%, QSR Magazine reported on Jan. 27.
The S&P restaurant sub-index, comprised of five quick-service restaurants (QSRs) and one full-service restaurant (FSR), rose 29.9%. The sub-index includes Chipotle Mexican Grill Inc., McDonald’s Corp., Starbucks Corp., Yum! Brands Inc. and Darden Restaurants Inc., which was the only stock on the index that fell.
Several pizza chains led QSR stocks in 2011. Pizza Inn Holdings Inc. stock increased 182.1% and Domino’s Pizza Inc. stock rose 112.9%.
Fast-casual restaurant stocks were among the year’s top-performing stocks. Chipotle’s stock rose 58.8% while Carrols Restaurant rose 55.9%.
McDonalds stock rose 30.7% last year, leading the QSR stocks.
The primary source of this article is QSR Magazine, Durham, North Carolina, on Jan. 27, 2012.