Looking back to the end of 2009, and through the end of 12/31/24, the value of $10,000 invested in the Kalinowski top picks would now be worth $108,600 (a CAGR of about +17.2%). The value of $10,000 invested in the S&P 500 over that time would now be worth $76,776 (a CAGR of about +14.6%).

With this report, we update our data-driven Kalinowski Quick-Service Other Index for Q4 to +2.0%. Comparing to Q4 2019 levels — a five-year (pre-pandemic) basis — the Kalinowski Quick-Service Other Index for Q3 2024 is at +19.2%. These numbers are based on our latest proprietary checks/data as regards same-store sales performance for this segment during October, November, and early-to-mid December.

With this report, we update our data-driven Kalinowski Fast-Casual Index for Q4 to +6.3%. Comparing to Q4 2019 levels — a five-year (pre-pandemic) basis — the Kalinowski Fast-Casual Index for Q4 2024 is at +44.7%. This +44.7% 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 October, November, and December.