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July Brought Some Reasons For Optimism, But Plenty of Reasons for Caution Remain for Rest of the Year
Restaurant sales and traffic growth slowed down during July but remained stronger than the growth rates posted by the industry back in April and May.
- Out of the Box Insights
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June Saw Upswing in Restaurant Sales and Traffic
June was a relatively good month for restaurants. Same-store sales and traffic growth reached their highest levels since March, with each of the last two months posting stronger year-over-year (YoY) results than the previous month.
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Restaurant Sales Growth Improved Slightly, Mainly Due to Acceleration in Check Growth
After experiencing a softening in year-over-year (YoY) growth during every month since January, restaurant sales growth improved during May.
- Out of the Box Insights
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Restaurants Face Harsh Reality as April Saw Weakest Sales Growth Since July
A factor behind the softening of check growth has been a moderation in menu price increases, as cost pressures for restaurants subside.
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Restaurant Sales Growth Weakest Since Last Summer as Guest Check Growth Falls
Cost pressures from rising wages have moderated for restaurants, and menu price increases effect on guest checks have slowed.
- Out of the Box Insights
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Restaurant Sales & Traffic Slowed in February—a Sign of Future Challenges
February’s sales and traffic saw gains compared to early 2022, but at a magnitude much smaller than what we saw in January.
- Out of the Box Insights
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January Strong Due to Easy Omicron Comparison, But Long-Term Traffic Slowdown Continues
All industry segments experienced a strong rebound in their same-store sales growth as consequence of the tailwinds from the Omicron downturn a year ago, but there were clear biggest winners.
- Out of the Box Insights
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Restaurant Sales Continue Growing, But the Pace is Starting To Fall
Restaurant sales growth remains strong year-over-year, but the last two months of the year showed there is some slowdown already in effect.
- Out of the Box Insights
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Restaurant Sales & Traffic Signal Tougher Times Ahead
Restaurant sales & traffic growth softens again due to another shift in consumer preference as restaurants work to normalize staffing levels.
- Out of the Box Insights
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Restaurant Sales Remain Strong With Last Two Months Posting Highest Growth Since March
Latest industry insights from rebounded restaurant sales and the positive result increased employee headcount has on the guest experience.
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Restaurant Sales Hold Strong in September 2022 Despite Persistent Decline in Guest Counts
The latest industry insights from growing restaurant sales, declining guest count, and customer's perception of food quality and cleanliness.
- Out of the Box Insights
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Consumer Confidence Bolsters Restaurant Sales & Traffic Growth in August
The latest industry insights from growing restaurant sales, declining hourly team member retention to changes in consumer preferences.
- Out of the Box Insights
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Widespread Slowdown of YoY Sales and Traffic Growth Continues for all Restaurant Segments
The latest data aligns with broader macro pressures against a backdrop of inflation and the looming question of recession.
- Out of the Box Insights
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Summer Slowdown Continues as Record-High Inflation Keeps Consumers Questioning Spend
This monthly insights report includes financial, workforce and guest trends affecting the restaurant industry.
- Out of the Box Insights
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