|
Find out more about Shelley: It's an exciting time to cover restaurants, from the half-baked to the well-done. Shelley Owens, a restaurant industry reporter for seven years, examines breaking news and breaking dishes at Examiner.com. |
.jpg)
The October American Express Market Brief is out today and the news is surprising. Food service sales are up slightly over a year ago. Sales posted a small 0.4 percent gain, not an economic boon, to be sure, but a gain none-the-less.
Same-store sales for limited service (quick-service, fast-casual, cafeteria, etc.) also grew 0.4 percent, if you don’t count McDonald’s. Add the 31,000+-store mega-chain, which grew same-store sales by 3.4 percent, and same-store sales are up 1.5 percent. Denver-based Chipotle Mexican Grill had 7.1 percent same-store sales increases and Panera Bread gained 6.5 percent per store.
Full-service chains saw same-store sales fall by 0.7 percent. But some chains had above-average gains. Buffalo Wild Wings saw same-store sales increase by 8.3 percent and Olive Garden watched sales rise an average of 5.8 percent per unit.
Comment
RSS
Email
Print
