Strategy: Hurricane Irma devastated American businesses — here's what restaurant chains were hit hardest

Hurricane Irma has caused problems for these eight restaurant chains.

Over the last week, Hurricane Irma devastated businesses in Florida and the wider Southern US.

Chains including Sonic, Cracker Barrel, and Steak 'n Shake were forced to close locations as the hurricane moved north after battering much of the Caribbean.

Investment firm UBS used a forecasted path of the hurricane to calculate Irma's expected impact on close to 300 companies.

UBS identified 90 companies who conduct more than 10% of their business in the impacted region. Many of these companies are restaurant chains with a significant presence in the South.

Here are the eight restaurant chains hit hardest by Hurricane Irma, according to UBS data.

8. Sonic

Percentage of total locations in the forecasted storm path: 15%

Locations within 50 miles of forecasted path: 20%

Locations within 100 miles of forecasted path: 26%

7. Dairy Queen

Percentage of total locations in the forecasted storm path: 15%

Locations within 50 miles of forecasted path: 23%

Locations within 100 miles of forecasted path: 30%

6. Buffalo Wild Wings

Percentage of total locations in the forecasted storm path: 15%

Locations within 50 miles of forecasted path: 23%

Locations within 100 miles of forecasted path: 31%

5. Seasons 52

Percentage of total locations in the forecasted storm path: 17%

Locations within 50 miles of forecasted path: 27%

Locations within 100 miles of forecasted path: 44%

4. Ruby Tuesday

Percentage of total locations in the forecasted storm path: 18%

Locations within 50 miles of forecasted path: 34%

Locations within 100 miles of forecasted path: 45%

3. Longhorn Steakhouse

Percentage of total locations in the forecasted storm path: 19%

Locations within 50 miles of forecasted path: 34%

Locations within 100 miles of forecasted path: 45%

2. Cracker Barrel

Percentage of total locations in the forecasted storm path: 27%

Locations within 50 miles of forecasted path: 40%

Locations within 100 miles of forecasted path: 49%

1. Steak 'n Shake

Percentage of total locations in the forecasted storm path: 34%

Locations within 50 miles of forecasted path: 58%

Locations within 100 miles of forecasted path: 70%

from pulse.ng - Nigeria's entertainment & lifestyle platform online

from LexxyTech Corporation http://ift.tt/2y6730i