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With the resurgence of COVID-19 cases, the restaurant industry is focusing more urgently on digitizing operations and strengthening contactless delivery services to maintain sales. This, along with a strong vaccination drive, should help the industry stay afloat in the near term. The U.S. restaurant industry is expected to grow at a 4% CAGR to $514.13 billion by 2027. So, both PZZA and SHAK should benefit.
But while SHAK’s shares have declined 26.1% in price over the past six months, PZZA has surged 54.3%. And PZZA is a clear winner with 9.1% price gains versus SHAK’s negative returns in terms of their past month’s performance. But which of these stocks is a better pick now? Let’s find out.
