Read on for at-a-glance highlights on economic and consumer drivers, as well as same-store sales gains, through the lens of Technomic’s analysts.
Same-store sales (% change over same quarter prior year)
With 80 chains reporting in Q3 and averages weighted by sales volume, comps have struggled throughout 2016.
Source: Technomic; public company reports
Some of the more senior members of the team smile at the junior staff who are excited to uncover an interesting trend in “eatertainment” or the latest single-ingredient concept. We try not to be condescending when we suggest they do some research by looking at past issues of Restaurant Business or old Technomic top chain reports before calling it the next big thing.