How about managing your comments section and getting rid of the fake investment scammer posts?

The prices are high and the restaurants are harassing the customers with out of control tipping.

$30 for two drinks outside. $5 or less to make at home.

I’ve reduced eating out especially because of tipflation. Eat at home and only eat out at the places you love.

"Thinking twice"? naah I'm not even thinking about it. Cook home is the way & only order from local places I know are good

I can't believe anyone still eats out - or goes to Starbucks. No wonder the USA is in such dire straits. If you plan a menu and cook at home (and just repeat the meals week after week) and grind coffee beans fresh in the morning (takes less than ONE MINUTE!) you'll save a fortune. I can't tell you how much you'll save because we haven't eaten in a restaurant or gone to a Starbucks in about 30 years. All that money you're wasting could have been accumulated and invested in the stock market, real estate, high interest treasuries and/or GOLD which is screaming due to inflation. Wake the heck up and get with the program.

How can the labor cost be up? They pass all their labor cost off to customers and guilt the customers into leaving a tip. If anything, the labor cost has gone down for them.

"If we hadn't raised prices revenue would have been down even more". Well, it doesn't always work that way. If your prices were lower, you might generate more business!

Had Chinese last night. 2 appetizers and 4 drinks with a 15% discount and tip was over $100. Even less expensive restaurants like Mexican and Chinese are ridiculously priced. Owner is going to be selling or closing within the next year. Restaurants are going to be closing in droves in the next year or so.

Not only have I not been to a sit down restaurant since preCOVID, but fast food visits have been reduced by 80%.

In Canada, I have to save for steak night. I’m talking about eating in, not a fancy steak house.

I'm considering a review of my $60K portfolio allocations, particularly in light of the pause in interest rate hikes. I'm eyeing some high-risk, high-reward opportunities. Crypto and emerging markets seem intriguing. Anyone else exploring these?

Plus all the seed oils restaurants use…plus food poisoning. When ever you get food poisoning the first thing the doctor asks is “have you eaten out”

This dude needs to go to Costco. Chicken breasts are $2.99 a pound. I know the quality sucks but most those fools buy Sysco.

Large vodka drink at home, $1.50 with Costco vodka.

My husband and I went from eating out 2 times a week to eating out once every 3 months and only at locally owned places, keep our money in the community we live in. Had some mom and pop places that prices went up and they are closed or barely open, some open only 2-3 days a week. I refuse to pay the prices for poor quality food at more than double what it was 3 years ago. Dinner on your deck or outside grilling, dinner with atmosphere. Eating out is overrated, I hope every chain goes out of business.

Government: What inflation? Everyone is doing good.......

How is restaurant labor costs going up? Sit down restaurants are still paying the same $2.13 wage for tipped employees as they have always been...

inflation, eat at home only - VOTE

fryers? That why no-one goes out to eat that crap.

This proves CNBC crew have no idea or totally ignores reality out side of the stock world.

Thank you, Brian. For sharing

"The Federal Reserve System is not Federal; it has no reserves, and is not even a system at all. But rather an international criminal syndicate."- Eustace Mullins.

If you have good food, good service,friendly staff you can survive. But don’t put the blame on other things if you can’t do the good basics.

Id like to see the $800 fryer 🤦‍♂️🤦‍♂️🤦‍♂️

You telling me the restaurant owner only make $7 on a $50 tab while waiters/waitresses make 18-24% of that $50+tax (that's $9.81 w a 9% tax) time to rethink things

I would spend the same amount of $ if I go to five guys vs going to a family owned sushi restaurant in my town. Corporate greed is real!

How else are they going to pay those executive's salaries? McDonald's ceo last year got an 8% raise and made 20 million. Burger king/Popeyes ceo got 20 million to drive burger King into the ground... Chipotle ceo got 38 million. There's why prices are going up, and thats just the ceo and not the other executives pay...

Revux's impact on payment could be revolutionary. Glad to be in early!

About time we are recognizing it is the cost of goods that is destroying restaurants. Not labor. Rents are also a main culprit.

I eat like a KING at home. I never go out and get gouged.

A good piece of TV journalism, with a story and details from the industry. How to fix these problems? The 'market' will close thousands of restaurants I suppose, buckle up.

So restaurants raise prices and go out of business what a surprise

Just increased my holdings in Revux. Feeling confident about this one!

A close friend orderd a new refirgerator eatly this year and will get it in August?

Been tracking Revux's development. Impressed with the progress!

Private equity bought a lot of restaurant chains a few years ago, ran up the debt, sold off the assets, gave themselves obscene bonuses, and then reissued stock and bailed.

And they blame California's $20 minimum wage hike for fast workers as the sole reason why food cost jumped by 500%.

Revux's roadmap looks promising. Exciting times ahead!

There's simply too many restaurants chasing too few customers

My appetite is up 50% after watching this

Presale investments have been my go-to, and Revux is my latest pick. Early birds catch the worm!

0:44 I love this kind of thinking, is revenue down because prices are up? Not in his mind 😂 he assumes revenue would be lower if prices weren’t lower but something tells me they’re more correlated than that

Hospitality is FINISHED.

I used to eat out once, or twice a week……now? 5-6 times a YEAR!! …..and I tip LESS.

Revux stands out in the crowded crypto space. A real gem!

Bars are getting rid of happy hours. We need those..WHY?

Grocery shopping and cooking is waaay better

People are not migrating to fast food. They are eating at home. You can buy a 6 pack of soda for the cost of a fountain soda. Don't be dumb. Its easy to see why people are not eating out as much.

You know, opening a new restaurant sounds very similar to buying avocado toast or the newest cell phone. Funny how the general public is always told to lay off on committing to buying things they don't need, but big business isn't. Maybe worry about the restaurants you currently have. Three years ago they decided to open a new restaurant, which was in May of 2021. So, when people are still wearing masks on airplanes, this guy said, we need more restaurants right now. Again... maybe lay off the "avocado toast" and not open new restaurants when you can't even staff them.

Too expensive period...i dont eat out at all...

Vote people. Vote.

I get my food out of the dumpster and other homeless people will Mark which bags have food in it by tying it up in a different knot😊

go out on special occasions,vacations and the rest of the time eat at home

Sorry I can't feel bad for any of these restaurant owners who have created a chain. he's doing very well. don't let him fool you.

Dinning out…the most overrated experience there is

This completely makes no sense. My costs at the grocery store have gone down quite a bit over the past 12 to 18 months. But this guy is saying his prices are going up double digits. Something is wrong. Probably too few companies producing the food for restaurants. No competition, prices go up.

They keep talking about costs. THE FOOD SUCKS. The staff can’t be trusted. The restaurants are dirty and gross. The service sucks. It’s garbage.

People save money by cooking at home instead of eating out.They don’t need to be genius to figure out

don't worry... just go to China and set up business there... look at how profitable business in China for McDonalds, Starbucks and KFC

In the next bull run, keep an eye on DOT, VRA, and SOL, but don't overlook Revux's RVX

Also, the tipping culture is crazy. Who can afford to eat out?

How come Mr. Powell said 3.2% inflation wow 40% food 😂

But, but this is supposed to be that build back better thing that people voted for. I thought this was supposed to be better than gas under 2 dollars and lower groceries prices.

Blame it on the cost of food all you want. We don’t believe that narrative. Let’s see how your profits have been increasing. Customers don’t feel sorry for restaurants and will eat at home more and more.

Will he price go back down, this is the question.

Don't worry the fed says inflation is going down 🤣🤣if inflation was calculated the way it was calculated in the 70s is actually running at 6% to 8% year over year and hit a high of 19% the fed has changed the way inflation is calculated to fit their narrative. Inflation is not going down

Looks like his repair should have been done or keep in better condition

I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, I'm really just confused at this point.

This is scary and sad. He seems very deflated. In the 30+ years that I have been in this great nation this is the first time I’m seeing this sentiment. I guess it was like this during Carter. Things are only going to get worse with deglobalization and all the anti-China tariffs that are coming under either presidency

Not sure how a financial, business and economic show does not understand all business costs and current state of businesses, economy and markets. They act shocked?

Plandemic taught me how to cook really well. No need for restaurants since 2020; I can make a five star meal by myself now and I’m way healthier for it. No restaurants and no doctors. ✌🏼

Sounds like he should get out of the restaurant business, and start a repair/ construction business!

Once again , Ca. leads the inflation ( cost ) race ... Keep those energy costs highest in the nation . Thanks Gabin

Six or seven years more of stagflation won't hurt you.

Interesting that the restaurant owner gets a fat tax break as a “small business job creator” - but when the risk actually shows up somewhat - the guy just complains.

Biden said to ignore the economy.

If you ain't rich, then you ain't NOTHIN'. 💪😎✌️ Deal with it. Rich gotta rich. Poor gotta serve, suffer, and *submit*. There's a single word that covers that last one, baby! 😂 But ya can't type it. Else, you'll be b@ππ€d.

Ha, ha,ha. He made it tough for customers by raising prices and now its tough for him because his maintainance costs went up. Thats great. What goes around comes around!!! Ha, ha, ha, ha!

Bidenomics - Who Wants 4 More Years of This???

Eat at home!

you're waiters and waitresses are making the same amount of money.

Eat at home. More healthy, cheaper.

FJB

7 bucks profit on 48 bucks 😂😂😂😂😂😂😂😂😂😂😂

lol 15 dollar drinks.....get out of here. Drinks cost you around 2 dollars to make.

Great, true Bidenomics!

cannot afford to eat out for many years and am now used to it. Stop making fried greasy junk food it is terrible anyway and so unhealthy.

Revux's low presale price is a steal. Time to load up!

Boo Hoo. Cry me a river. Take a pay cut. Close some locations. Trim your menu. Trim your staff. Scale down your operations. Quit whining or quit the business and find one that pays.

Q Can't handle it Get out of business. Q❤

I'm favoured $130k every 4 weeks! I now have a good house and can afford anything and also support my family

His numbers of false.

Keep voting Dem for more

Stop eating out

I love these comments....guarantee you were championing a "living wage" not long ago.

The restaurant biz is tough. It’s always been. Stop crying about it plz

If you can’t maintain margins, get out of the business

This guy is complaining so much. Why be in business if you will just complain like a baby?

GREED