7 Reasons Why Fast-Food Company Stocks Are Falling

Earlier we noted that McDonald's was down a fair amount today, and that one possibility is that it has to do with Obamas call for a $9 minimum wage. Other fast food companies are down as well.

Analysts have actually a range of ideas for what's causing the sector to lag.

JPM has put out a note going over some possibilities.

We summarize their points in bullets.

• Casual dining Same-Store Sales as measured by KnappTrack came in weak for January.
• A number of retailers have made comments about weak consumer discretionary spending.
• Payroll tax hike.
• Minimum wage idea.
• Buffalo Wild Wings miss — higher margins.
• Gas prices rising.
• Restaurant supply company Sysco (SYY) mentioning some restaurant industry softness.

Anyway, so it's not one thing, but a range of issues popping up.