By Mark Kalinowski
Published on October 13, 2020 at 12:00 AM
With this report, we update our data-driven Kalinowski Quick-Service Other Index for Q3E to +4.3%. As a reminder, we define “quick-service other” as all quick-service concepts excluding the pizza, burger, and sandwich categories.
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By Mark Kalinowski
Published on October 12, 2020 at 12:00 AM
With this report, we update our data-driven Kalinowski Fast-Casual Index for Q3E to +3.6%. While the overall number for the fast-casual sector is in positive territory for Q3, there is a wide variety of performances in terms of same-store sales by individual brand. Wingstop (WING; Not Rated) has already reported +25.4% same-store sales growth for its Q3, and we would not be surprised to see Chipotle Mexican Grill (CMG; Not Rated) exceed sell-side consensus (according to Consensus Metrix) of +6.4% when it reports its Q3 results on after the market close on Wednesday, October 21st.
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By Mark Kalinowski
Published on October 8, 2020 at 12:00 AM
Earlier today (Thursday, October 8th), we learned that the BlackBox Index of samestore sales for September 2020 was down by -8.1%, with same-store traffic down by -14.6%. The -8.1% figure is +420 basis points better than the August 2020 number of -12.3%, which itself was +280 basis points better than the July 2020 number of -15.1%.
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