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 for FRANdex increased by 7.86% Q-o-Q, with those for non-food companies up by 8.37% Q-o-Q.
FRANdex: Strong QoQ Growth Compared To Broad Indices
July 15th, 2019 by Ritwik Donde