Dramatic Fast-Casual Chain Growth Continued In 3Q, Reports Technomic
“Our quarterly Technomic sales tracker continues to report low restaurant growth across all segments but fast-casual,” said Darren Tristano, executive v.p. at the firm. “Growth rates around 2% continue to signal heated competition for share of stomach and strong trends in consumer frugality.” Gasoline prices had only begun their dramatic plunge through the summer months of the third quarter, which may signal results could improve in the fourth quarter.
The same-store sales numbers are included in tracking data from more than 100 national public and private chains generating more than $40 billion in quarterly sales. The numbers are part of Technomic’s online Financial Dashboard, which provides up-to-date industry information, commodity trends and chain performance and financial data across multiple segments. Information on Technomic research products is available at technomic.com.
“””
RELATED CONTENT
- Advertisement -
- Advertisement -
- Advertisement -
TRENDING NOW
- Advertisement -
- Advertisement -
- Advertisement -