— which operates more restaurant locations than any other franchisee in the US.
Many of the publicly traded companies that are most at risk are sit-down chains, such as Outback Steakhouse and Denny's. Concepts that mix food and entertainment, such as Dave & Buster's, are also struggling. "Nearly every big chain has done something to support its balance sheet," James Rutherford, a vice president and research analyst at Stephens Inc., told S&P Global. "The place I do see risk for default is going to be with franchisees."
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Confirmed Coronavirus Cases in U.S. Children Rose By 90% in About Four Weeks This Summer, Bringing the Total to Over 380,000
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