Thursday December 3, 2020, 00:00:00
With this report, we update our data-driven Kalinowski Family Dining Index for Q4E to -23.2%. This figure is based on our latest proprietary checks/data as regards samestore sales performance for this segment during October and November. Our implied numbers for this October, November, and December are approximately -20%, -23%, and -27%, respectively.
Thursday December 3, 2020, 00:00:00
Given deceleration in same-store sales trends for the U.S. family dining sector, we reduce our Q4E Denny’s U.S. same-store sales projection by -600 basis points, to -28.0%. According to Consensus Metrix data, this places us as the low estimate on the sell-side in this regard. As of this writing, sell-side consensus is at -22.2%.
Monday November 23, 2020, 00:00:00
Looking at unit closures announced and planned by large restaurant chains, and comparing these to unit closures from mom-and-pops/independents, goes to show just how large a market-share shift is going on in the U.S. restaurant industry. We look for most, if not all, of this market-share shift in favor of large concepts to persist in the years after 2020.
Wednesday November 13, 2024
Wednesday November 13, 2024