

Kalinowski Restaurant Industry Same-Store Sales Index for Q2 Leaves a Lot to be Desired
With this report, we update our data-driven Kalinowski Restaurant Industry Index for Q2 2025 to +0.7%. This is sequentially improved from Q1 2025’s -0.4% result, which was the weakest non-pandemic quarter of the last 10+ years. However, +0.7% is nothing to get excited about, to be sure. For one thing, the Q1 2025 result was weather-impacted (particularly from a cold/snowy February). The Q2 2025 number was not weather-impacted to any material degree. So, when one excludes the effects of February weather, the Q2 2025 same-store sales trends for the industry were very similar to those of Q1 2025.