Restaurant Sales Enter Third Week of Single-Digit Growth
While restaurant sales growth improved for the week ending April 3, it slowed to single-digit growth for the third week, according to Black Box Intelligence’s latest Restaurant Industry Performance Pulse.
The slowdown comes after more than a year of strong increases and is reflected in guest counts as well. The industry now is in its fourth week of negative same-store traffic growth.
The best-performing regions for sales growth were:
- California
- New England
- Florida
- Mid-Atlantic
The regions with the weakest sales growth were:
- Southwest
- Texas
- Southeast
- New York-New Jersey
The best-performing segments for traffic growth were:
- Fine dining
- Upscale casual
- Family dining
The segments with the weakest traffic growth were:
- Quick service
- Fast casual
For March, comparable sales were up 7.2% year over year, while traffic was down 1.7%.
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