Updating our Q1E Kalinowski Family Dining Same-Store Sales Index

By Ryan D. Lavender Published on April 7, 2021 at 4:23 PM

With this report, we update our data-driven Kalinowski Family Dining Index for Q1E to -7.8%. This 7.8% figure reflects implicit monthly numbers of about -27% for January 2021, -26% for February 2021, and +54% for March (helped by super-easy year-over-year comparisons being lapped from mid-to-late March 2020… we believe family dining sector same-store sales declined by about -45% during March 2020 as a whole, getting worse as that month progressed).

MCD: Raising our Q1E U.S. Same-Store Sales Forecast to the Sell-Side High

By Ryan D. Lavender Published on April 5, 2021 at 4:58 PM

With this report, we increase our Q1E U.S. same-store sales forecast for McDonald’s by +190 basis points, to +12.2%. According to Consensus Metrix data, this becomes the new “high on the sell-side forecast.” Sell-side consensus is presently at +9.7%.

WEN: Raising our Q1E U.S. Same-Store Sales Forecast to the Sell-Side High

By Ryan D. Lavender Published on April 5, 2021 at 4:54 PM

With this report, we increase our Q1E U.S. same-store sales forecast for Wendy’s by +150 basis points, to +11.5%. According to Consensus Metrix data, this becomes the new “high on the sell-side forecast.” Sell-side consensus is presently at +10.0%.