26-07-2016 00:32 via news.yahoo.com

Wall St. expects big helping of earnings from restaurants

Wall Street is expecting a solid helping of earnings from McDonald's and other restaurant operators that are preparing to serve up quarterly results over the next few days. "The millennial consumer is much more focused on purchasing experiences over goods," choosing dining out or travel over sneakers and designer jeans, said David Schiegoleit, managing director of investments for the Private Client Reserve at U.S. Bank in Los Angeles. Restaurant companies in the S&P 1500 are expected on aver
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