Improved market for dining out help food franchises outdo their non-food counterparts in Q3. In Q3-2019, franchise companies’ (including McDonald’s) returns were in line with S&P 500 but underperformed the Russell 2000 index. Food franchises outperformed their non-food counterparts. Returns for FRANdex+M declined by 5.46% Q-o-Q, with those for food companies up down 3.13% Q-o-Q. […]

For the second quarter in a row franchises posted strong positive returns. In Q2-2019, franchise companies’ returns significantly outpaced those for both Russell 2000 and S&P 500. Non-food franchises outperformed their food counterparts, with latter losing further market capital as “go-private” deals for brands like Papa Murphy’s continued to impact the FRANdex in Q3. Returns […]

The year is off to a great start, with franchises posting positive returns in the first quarter. In Q1-2019, franchise companies’ returns slightly outpaced those for Russell 2000, and were almost in line with those for the S&P 500. Non-food franchises significantly outperformed their food counterparts, with latter having lost a lot of market capital […]

  While returns for FRANdex were down by -12.95% Q-o-Q, the recent volatility in the markets led to FRANdex outperforming broader indices in Q4 2018. The returns for S&P 500 and Russell 2000 in Q4 were -13.15% and -17.40%, respectively. Hotel companies performed better than food franchises which saw their returns decline by 10.26%. Overall, […]

Just as the FRANdex had started showing signs of recovery in the previous quarter, the rise in take-private PE acquisitions created dents to the index performance in Q3-2018. FRANdex underperformed both the broad indices. While the S&P 500 rose by 4.8%, Russell 500 declined by 3.2%; in the same period FRANdex declined by 5.1% q-o-q. […]