Posts by Chris Nichols

  • Starbucks remains favorite restaurant for teens: Piper survey

    Chris Nichols at Yahoo Finance16 days ago

    Starbucks (SBUX) is again the favorite restaurant chain among U.S. teens, according to the latest spending survey from Piper Jaffray.

    The Seattle-based coffee seller, Taco Bell, Chipotle (CMG) and McDonald's (MCD) all rank highly with this demographic when asked to choose the favorite restaurants. Piper has two lists, one for upper-income respondents and another for average-income respondents, and here are the results, in order:

    --Upper income (household income of $109,000): Starbucks, Chipotle, Chick-fil-A, McDonald's and Dunkin' Donuts

    --Average income (household income of $56,000): Starbucks, McDonald's, Chipotle, Chick-fil-A and Taco Bell

    Starbucks has been No. 1 with both groups for each of the last eight surveys. Chipotle has been a consistent No. 2 with upper-income teens, while McDonald's has held that spot for the average-income group.

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