Coverage

With this report, we update our data-driven Kalinowski Quick-Service Burger Index for Q3E to +6.3%. This is the one-year figure, lapping the +4.1% number from Q3 2020. On a two-year basis, the Kalinowski Quick-Service Burger Index for Q3E is at +10.7%. These numbers are based on our latest proprietary checks/data as regards same-store sales performance for this segment during July, August, and September. One reason for the solid one-year and two-year performance from the Quick-Service

September 2021 was the sixth full month in the U.S. to lap a year-ago month that was affected by the pandemic and related issues. How is average check changing in the U.S. quick-service and fast-casual segments given these recent dynamics? Our bottom line: average check is holding in better than expected for fast-casual and quick-service (and particularly so for the quick-service burger segment). To the extent two-year trends in average check don’t deteriorate all that

Testing

With this report, we update our data-driven Kalinowski Quick-Service Other Index for Q3E to +6.0%. This is the one-year figure, lapping the +7.2% number from Q3 2020. On a two-year basis, the Kalinowski Quick-Service Other Index for Q3E is at +13.7%. These numbers are based on our latest proprietary checks/data as regards same-store sales performance for this segment during July, August, and early-to-mid September. As a reminder, we define “quick-service other” as all quick-service, excluding

With this report, we update our data-driven Kalinowski Quick-Service Pizza Index for Q3E to +2.7%. This is the one-year figure, lapping the +14.4% number from Q3 2020. On a two-year basis, the Kalinowski Quick-Service Pizza Index for Q2E is at +17.5%. These numbers are based on our latest proprietary checks/data as regards same-store sales performance for this segment during July, August, and early-to-mid September. We believe that the carryout/delivery parts of the quick-service pizza sector