Thursday June 22, 2023, 07:00:00
On June 1st, we published a report in which we looked at G&A expenses per restaurant for seven large-cap companies. That report can be accessed at:
Tuesday June 20, 2023, 07:00:00
With this report, we update our data-driven Kalinowski Casual Dining Index for Q2 to +3.7%. This is the one-year figure, lapping the -42.4% number from Q2 2020, the +105.5% figure from Q2 2021, and the +5.0% figure from Q2 2022. On a four-year (pre-pandemic) basis, the Kalinowski Casual Dining Index for Q2 is at +29.0%. These numbers are based on our latest proprietary checks/data as regards same-store sales performance for this segment during April, May, and early-to-mid June.
Thursday June 15, 2023, 09:02:54
Data out today from the U.S. Census shows that restaurants’ market share (with grocery stores/supermarkets making up the other component) was 54.4% in May 2023. Sequentially, this is the same as the April 2023 figure of 54.4%, and also in line with the Q1 2023 number of 54.4%. The May 2023 showing is tied for the second-best month ever in this regard, surpassed only by January 2023’s 54.9% number. On a year-over-year basis, restaurants’ market share was up by +120 basis points in May 2023.
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