Restaurant Sales Enter Third Week of Single-Digit Growth

Untitled design 2022 04 13T155214.234
Though still positive, restaurant sales growth remains in the single digits. Courtesy of Ben Black on Unsplash.

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%.

 

 

RELATED CONTENT

CarvelRedesign

In Design Refresh, Soft-Serve Chain Tweaks Equipment Lineup

Digital menu boards, upright freezers and a reduced equipment package mark a few highlights.

WendysCompanyClimateActionWEB

With Internal Talent, Wendy’s Fills 2 President Roles

Abigail Pringle, president, international and chief development officer since 2019, will take on oversight of the brand's U.S. business.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

- Advertisement -

- Advertisement -

- Advertisement -