Restaurant Sales Enter Third Week of Single-Digit Growth

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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%.

 

 

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