TSX:SRV.UN - Post by User
Post by
grasshopper1917on Dec 13, 2019 5:32pm
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Post# 30453807
Cant grow sales forever
Cant grow sales foreverThe reality is sales cant go stright up forever. Pretty well all the big box eating establisments have been even to down in the last little while. This one seems to be priced as if the restaraunt industry is going under
From what I understand most places in Ontario had to jack up prices due to min wage hikes. As a result it is just natural business has slowed a little. Companies and consumers will adapt and things will stabalize.
That is unless you think people are going to stop leaving the house to do stuff. Which I dont think will happen however it is reasonable to think more and more people are becoming hermitts. Still I think business will also adjust to this. I dont think in the next 2 decades we are going to become a society of hermitts.
Hopefully not lol