Tuesday August 20, 2024, 07:00:00
In this report, we look at the correlations for McDonald’s, Wendy’s, Burger King, and Jack in the Box in terms of their respective domestic same-store sales. This should help answer questions such as, “When McDonald’s sales go down, does that tend to be a good sign, or a bad sign, for the same-store sales trends of Wendy’s?”
Thursday August 15, 2024, 09:07:08
Data out today from the U.S. Census shows that restaurants’ market share (with grocery stores/supermarkets making up the other component) was 55.8% in July 2024. Putting a silver lining on it, this 55.8% figure is only -50 basis points below the all-time monthly record. However, it’s up by only +10 basis points year-over-year. This is the smallest year-over-year market-share gain for the restaurant industry since it gave up -710 basis points of share in a pandemic-affected February 2021 (which lapped a pre-pandemic February 2020).
Wednesday August 14, 2024, 08:50:21
The latest Consumer Price Index (CPI) data show that prices for food-at-home (grocery stores and supermarkets) rose by +1.1% in July — sequentially the same as June’s +1.1%. This +1.1% number compares with price for food-away-from-home (restaurants) that increased by +4.1% year-over-year in July (sequentially equivalent to June’s +4.1%). This marks the 17th month in a row for which restaurant pricing is outpacing grocery/supermarket pricing.
Thursday December 19, 2024
Thursday December 12, 2024
Thursday December 19, 2024
Thursday December 12, 2024