- The restaurant sector is having a rough day after Texas Roadhouse and Papa John's underwhelmed with their earnings reports.
- Another consideration for investors could be the $1 drink promotion being fired off by McDonald's across the U.S. in April.
- Notable decliners include Chuy's Holdings (CHUY -6.1%), Bloomin' Brands (BLMN -5.2%), Brinker International (EAT -4%), Ruth's Hospitality (RUTH -3.9%), Jack in the Box (JACK -3.5%), Del Taco (TACO -4%), Wendy's (WEN -3.4%), Domino's Pizza (DPZ -3.1%) and DineEquity (DIN -3.6%).
- Cheesecake Factory (CAKE -1.1%) and Jack in the Box report earnings after the bell.
- Previously: Texas Roadhouse peels back February gain after earnings (Feb. 22)
- Previously: Papa John's slumps after revenue doesn't sizzle enough (Feb. 22)
- Related ETF: BITE.