Restaurant Stocks Likely To Be Scooped Up By Millennials

Recently, the company opened its first next generation concept store in Quincy, MA where it deployed an exclusive On-the-Go drive-through facility. This allows Dunkin' Donuts’ DD Perks Rewards Program members, who order in advance using Dunkin's Mobile App, to skip queues and head straight to the pickup lane. The company expects to see a larger percentage of Dunkin’ restaurants with drive-thrus (85% in 2017, compared to only 70% five years ago).

Dunkin' Brands sports a Zacks Rank #1 (Strong Buy). Its earnings in 2018 are expected to improve 14.2%.

You can see the complete list of today’s Zacks #1 Rank stocks here.  

Dunkin' Brands Group, Inc. Price

Dunkin' Brands Group, Inc. Price | Dunkin' Brands Group, Inc. Quote

Brinker International’s (EAT - Free Report) digital initiatives — particularly those around Chilli’s — also offers a lot to millennials to cheer. The company is investing heavily in technology-driven initiatives like online ordering, to augment sales and boost guest services.

Having installed a tabletop technology at its company-owned restaurants in partnership with Ziosk, the company has implemented handheld devices at its restaurants in California. This is resulting in increased efficiency and speed.

Meanwhile, the company’s partnership with mobile and online food ordering service, Olo, for its To-Go platform, continues to provide digital services to restaurants and offers Chili's customers with pre-order, group order and pay flexibility. This integration is helping the company garner more members for the loyalty program, and thereby retain customers.

Brinker also stands to gain from integrating its My Chili's Reward program with Plenti — a rewards program by American Express that offers leading brands across multiple categories.

Moreover, the company launched a digital curbside platform at its company-owned restaurants. With about half of the company’s online guests using it, the service is ensuring simpler, faster and effortless experience to take-out guests, thereby resulting in higher check.

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