Gordon Haskett reviews restaurant sector estimate revisions
Gordon Haskett analyzed 2026 estimate revisions for 22 restaurant companies, finding 9 saw upward revisions, 3 held steady, and 10 faced downward revisions. Cheesecake Factory, Bloomin’ Brands, BJ’s Restaurants, and Starbucks saw upward revisions across all metrics, while Papa Johns, Wendy’s, and others saw downward revisions. The sector gained 6% over 12 months, underperforming the S&P 500's 18% gain. Revisions to same-store sales had the strongest correlation with share price moves.


