We discussed several topics in Restaurants on our call, including current industry conditions, returns on investing capital, demand trends, top short ideas, and our top activist pick. We also answered McDonald's, Brinker, Darden, and Potbelly questions.
In Consumer Staples, we discussed trends in manufacturing costs compared to selling prices, food at home's contribution to CPI, the spending sensitivity at drug stores and grocery stores to wealth effects, our top activist pick, and the coming inflection in margins. We also answered questions on Constellation Brands, Boston Beer, Grocery Outlet, General Mills, and the grocery sector.
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CLICK HERE for the webcast replay and materials. |
