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Michael Lukianoff

May 4, 2026

17:43
You know, which chains historically are most insulated from the higher gas price?
17:48
I think it depends a lot on not just region, right? So, you know, if you know, if you're a customer, you know, to your point about regions where people drive more, right? If you've got fewer commuters and so forth, right? Who, you know, who aren't, you know, driving as much, who are higher income, you know, than from at least a consumer standpoint, right? You're going to have less issues, you know, with people with less money in their pocket.
18:23
But we can't forget that they're not immune.
18:27
These restaurants are not going to be immune to the cost inflation of what's going to come in their back door, right? And it's not just the cost of goods, right? There's going to be delivery surcharges and all those things are going to start rearing their head again for all the cost of goods coming in the back door.
18:50
The timing of what happened in the Gulf is also critical because you can't forget that you know, this drives fertilizer costs too, right, going into planting season.
19:05
So, you know, so what does that mean for what the cost of all food is going to be going into the fall, right? All of these trickle, you know, trickle down costs.
19:15
So, you know, I'm hearing people going, consumer's weak, traffic is down.
23:29
I mean, I guess, you know, I guess this is where signal flare comes in, right?

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