FTSE 350: Pubs and restaurants battle for 'premium' punter

FTSE 350: Pubs and restaurants battle for 'premium' punter

It has become the buzzword of this sector, with seemingly every pub and restaurant going ‘premium’ with their offering. This is often centred around food, but also relies heavily on stocking the right craft ales and spirits. Fighting for the premium pound makes sense given that these consumers’ disposable incomes are less likely to be affected by macroeconomic factors. But not every company can win the race, and investors backing stocks in this sector will need to keep a close eye on how restaurants and pubs fare in what could be a tricky consumer environment.

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