Coverage

All Reports:

Restaurant Industry
Mark Kalinowski

Updating our Q3E Kalinowski Quick-Service Burger Same-Store Sales Index

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

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Restaurant Industry
Mark Kalinowski

Quick-Service/Fast-Casual: More Good News on the Average Check Front

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

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Restaurant Industry
Mark Kalinowski

Updating our Q3E Kalinowski Quick-Service Other Same-Store Sales Index

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

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Starbucks Corp. (SBUX)
Mark Kalinowski

SBUX: A Sizable Beverage Opportunity for Starbucks

Over the last 50 years, Starbucks has built itself up from a single store in Seattle’s Pike Place Market focused on selling high-quality coffee beans, to the most innovative beverage company in the entire restaurant industry (and the second-largest restaurant concept in the U.S., as measured by domestic systemwide sales). But this gigantic success story does not imply that there aren’t any large opportunities remaining for Starbucks. In our view, there remains an opportunity for

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Restaurant Industry
Mark Kalinowski

Updating our Q3E Kalinowski Quick-Service Pizza Same-Store Sales Index

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

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