Thursday May 22, 2025, 07:00:00
By Mark Kalinowski
McDonald’s, Wendy’s, and Burger King (owned by Restaurant Brands International [QSR; Not Rated]) each recently reported their Q1 2025 U.S. same-store sales. In this report, we discuss how these same-store sales results — and potential results for full-year 2025 — relate to these three concepts’ average unit volumes (AUVs). We further discuss what this means for the companies, and their stocks.
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Tuesday May 20, 2025, 07:00:00
By Mark Kalinowski
Recently, Domino’s, Pizza Hut (owned by Yum Brands [YUM; Neutral, $149.65]), and Papa Johns all reported their Q1 2025 U.S. same-store sales. In this report, we discuss how these same-store sales results — and potential results for full-year 2025 — relate to these three concepts’ average unit volumes (AUVs). We further discuss what this means for the companies, and their stocks.
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Thursday May 15, 2025, 09:47:53
By Mark Kalinowski
Data out today from the U.S. Census shows that restaurants’ market share (with grocery stores/supermarkets making up the other component) was 56.6% in April 2025. This is not only +30 basis points sequentially higher than the March 2025 market-share figure of 56.3%, but it also represents a new all-time high for the restaurant industry for any month.
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