Coverage

With this report, we update our data-driven Kalinowski Fast-Casual Index for Q3E to +12.2%. This is the one-year figure, lapping the +5.2% number from Q3 2020. On a two-year basis, the Kalinowski Fast-Casual Index for Q3E is at +18.0%. 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. One reason for the very good one-year and two-year performance from the Fast-Casual

With this report, we update our data-driven Kalinowski Fine Dining Index for Q3E to +73.7%. This is the one-year figure, lapping the -33.2% number from Q3 2020. On a two-year basis, the Kalinowski Fine Dining Index for Q2E is at +16.1%. 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. While fine dining same-store sales typically lagged those of most other

With this report, we update our data-driven Kalinowski Casual Dining Index for Q3E to +36.7%. This is the one-year figure, lapping the -18.7% number from Q3 2020. On a two-year basis, the Kalinowski Casual Dining Index for Q3E is at +11.1%. 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. Keep in mind, individual performance can vary wildly on a concept-by-concept

We continue to look for the U.S. restaurant industry to win back additional market share over the next 12-18 months. Indeed, it’s looking much more likely that it’s just a matter of time that the market share for restaurants (versus grocery stores) will exceed the pre-pandemic market share it had of Americans’ food & beverage dollars. In addition, keep in mind that large restaurant concepts — and larger concepts tend to be the publicly-traded ones

With this report, we update our data-driven Kalinowski Family Dining Index for Q3E to +42.0%. This is the one-year figure, lapping the -28.4% number from Q3 2020. On a two-year basis, the Kalinowski Family Dining Index for Q3E is at +1.7%. (These numbers are based on our latest proprietary checks/data as regards same-store sales performance for this segment during July, August, and early September.) At this point, we anticipate that the +1.7% figure will be

August 2021 was the fifth 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