Wednesday December 12, 2018, 00:00:00
Updating our Q4E18 Kalinowski Quick-Service Burger Same-Store Sales Index 2
With this report, we update our data-driven Kalinowski Quick-Service Burger Index for Q4E from +1.6% to +1.2%. (This follows our November 4th adjustment from +2.0% to +1.6%.) Today’s 40 basis-point decrease is based on our latest proprietary checks/ data as regards same-store sales performance for this segment during November, which looks like it was one of the weaker months during 2018 for burger-segment same-store sales. In part, the adjustment also reflects the reduction in our Wendy’s (WEN; Neutral) same-store sales forecast for Q4E yesterday to a new sell-side low (according to Consensus Metrix data) of 0.0%. (For more information, please refer to our December 11th report “WEN: Our Data-Driven Checks Regarding November Sales Suggest…”)