With this report, we update our data-driven Kalinowski Fast-Casual Index for Q3 to +8.2%. Comparing to Q3 2019 levels — a five-year (pre-pandemic) basis — the Kalinowski Fast-Casual Index for Q3 2024 is at +46.6%. This +46.6% figure is the best of any major restaurant sector. Our latest fast-casual numbers are based on our proprietary checks/data as regards same-store sales performance for this segment during July, August, and early-to-mid September.

Data out today from the U.S. Census shows that restaurants’ market share (with grocery stores/supermarkets making up the other component) was 55.9% in August 2024. Putting a silver lining on it, this 55.9% figure is only -40 basis points below the all-time monthly record. However, it’s up by only +30 basis points year-over-year. This is the second-smallest year-over-year market-share gain for the restaurant industry since it gave up -710 basis points of share in a pandemic-affected February 2021 (which lapped a pre-pandemic February 2020).