Wed, Aug 2, 2017
Restaurant Monthly Update – July 2017
June restaurant survey data indicated a -1.0% decline in same-store sales (SSS) and a -3.0% decline in traffic. Although industry SSS have remained negative for 14 out of the past 15 months, June results reflected a marginal improvement in SSS from May's results. Based on performance, fine dining and upscale casual were the only segments able to achieve positive SSS in June, primarily driven through growth in average checks.
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