Sir Royalty Income Fund SIRZF

Customers shifting to casual chains

[flamingogold]

This is US based data, but given SIR's concentration mainly in the GTA/Ontario, the trend may also apply. Personally, I hate eating at McD's. It is noisy with bells and beeps going on and off all the time like a hospital setting. And with prices rising, I am not surprised to come across this grwoing shift towards casual dine-in.

https://www.cnbc.com/2024/06/20/inflation-fast-food-diners-switch-to-casual-chains-darden-ceo-says.html

[Longholder99]

If McD gets a liquor licence I will be worried.  Lagging bottom as the economy slows.  People like a cold draft on a patio. Meeting friends and coworkers in a social never place.  Nobody cooks at home anymore it seems.  More stores opening.   Juicy Div.   Heavily invested BOD.   Staying in the drip.  

[Longholder99]

***nice place****  

[rabnud]

more like a pathetic po$  Glad I sold 2 weeks ago at 13.11 and took a bath this thing has done nothing but spiral downwards;;its also the hardest stock to sell when ever you try 

[stockDabbler]

Welcome back rabnud... good to see you still follow.

[flamingogold]

McD and Jacks (and the rest in their group for that matter) cater to different customers. Sure, some will cross over if booze is on the menu. If I want to watch sports with friends or go out with my wife, McD is the last place I would consider. For quick service or to hang for a coffee, then it's McD or Tim's. In fact McD needs to worry more about Tim's than Jack's worring about