Tuesday December 12, 2023, 09:06:19

Restaurant and Grocery Pricing Both Decelerate, Tommy DeVito Celebrates with Cutlets

By Mark Kalinowski

The latest Consumer Price Index (CPI) data shows that prices for food-at-home (grocery stores and supermarkets) rose by +1.7% in November (sequentially down by -40 basis points from October’s +2.1%). This +1.7% number compares with price for food-away-from-home (restaurants) that increased by +5.3% year-over-year in November (sequentially down by -10 basis points from October’s +5.4%). This marks the 9th month in a row for which restaurant pricing is outpacing grocery/supermarket pricing, following no such months during all of 2022.

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Thursday November 30, 2023, 07:00:00

Pizza Sector: What Sales Trends Hint at re: Average Unit Volumes (11/30/2023)

By Mark Kalinowski

Recently, Domino’s, Pizza Hut, and Papa Johns all reported their Q3 2023 U.S. same-store sales. In this report, we discuss how these same-store sales results — and potential results for full-year 2023 — 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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Monday November 27, 2023, 13:44:20

Restaurants: Latest Black Box Index Shows Sequential Improvement

By Mark Kalinowski

Black Box Intelligence has released its latest monthly Black Box Index – an index which aggregates same-store sales for 175+ domestic restaurant concepts. Black Box notes that its data represents over 50,000 restaurant units, $75 billion in annual sales, and 300+ clients.

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