Coverage

With this report, we update our data-driven Kalinowski Quick-Service Other Index for Q4 to +5.3%. This is the one-year figure, lapping the +1.3% number from Q4 2020. On a two-year basis, the Kalinowski Quick-Service Other Index for Q4 is at +6.7%. These numbers are based on our latest proprietary checks/data as regards same-store sales performance for this segment during October, November, and December.

With this report, we update our data-driven Kalinowski Fine Dining Index for Q4 to +64.4%. This is the one-year figure, lapping the -36.4% number from Q4 2020. On a two-year basis, the Kalinowski Fine Dining Index for Q4 is at +4.6%. These numbers are based on our latest proprietary checks/data as regards same-store sales performance for this segment during October, November, and December.

For full-year 2021, U.S. Food Services and Drinking Places (primarily restaurants) generated $817.2 billion in sales. This was up by +31.1% year-over-year. On a two-year basis (to compare vs. pre-pandemic times), this was up by +5.6%. Restaurants lost about 800 basis points of market share to grocery stores in 2020, but gained back 580 basis points of share in 2021. We look for further market-share gains by restaurants at the expense of grocery stores in 2022.

With this report, we update our data-driven Kalinowski Quick-Service Pizza Index for Q4 to +3.9%. This is the one-year figure, lapping the +10.4% number from Q4 2020. On a two-year basis, the Kalinowski Quick-Service Pizza Index for Q4 is at +14.7%. These numbers are based on our latest proprietary checks/data as regards same-store sales performance for this segment during October, November, and December.

Earlier today (Wednesday, January 12th), we learned that the BlackBox Index of same-store sales for December 2021 — importantly, these data points are on a two-year basis — was up by +4.1%, with two-year traffic off by -8.4%.