Commentary

Same-Store Sales Discussion Restaurant industry same-store sales (“SSS”) increased for the fifth straight quarter in Q4 2018 following six consecutive quarters of SSS declines. Of the 52 companies we follow, 34, or 65%, generated SSS growth, close to the 68% positive in Q4 2017. As shown in the figure below, long-term performance is most consistent […]

Same-Store Sales Discussion Restaurant industry same-store sales (“SSS”) increased for the fourth consecutive quarter in Q3 2018 following six straight quarters of SSS declines. Of the 57 companies we follow, 40, or 70%, generated SSS growth – an increase of 25% over Q3 2017. As shown in the figure below, longer term performance remains most […]

Same-Store Sales Discussion During the first quarter of 2018 (“Q1 2018”), restaurant industry same-store sales (“SSS”) increased for the second consecutive quarter following six straight quarters of SSS declines. The increase was modest and equaled the Q4 2017 increase of 0.2%. Of the 59 companies we follow, 37, or 63%, generated SSS growth – the […]

Same-Store Sales Discussion During the fourth quarter of 2017 (“Q4 2017”), restaurant industry same-store sales (“SSS”) increased for the first time in the past seven quarters. It was not a big increase, 0.2% to be exact, but gave the industry some momentum going into 2018. Of the 60 companies we follow, 41, or 68%, generated […]

Same-Store Sales Discussion During the third quarter of 2017 (“Q3 2017”), the restaurant industry saw mostly weak same-store sales (“SSS”) results. On average, restaurant same-store sales decreased 1.5% yearover-year (“YOY”) in Q3 2017. Of the 64 companies we follow, only 21, or 33%, enjoyed positive same-store sales growth. Data over the last several quarters have […]

Same-Store Sales Discussion During the second quarter of 2017 (“Q2 2017”), the restaurant industry saw mixed performance in same-store sales (“SSS”). On average, restaurant same-store sales decreased 0.6% yearover-year (“YOY”) in Q2 2017. Of the 67 companies we follow, only 30, or 45%, enjoyed positive same-store sales growth in Q2 2017. Data over the last […]