Published April 26, 2017
Q1 restaurant sales performance disappoints despite March improvements
The restaurant industry is struggling first quarter in the economy. While March was a upswing in sales for the industry it still was quite lacking. Sales performances have been dropping year after year and they were down eleven of the last twelve months. This is a scary trend for many. There is so much competition out there and traffic has been down over 3% this quarter. Summer is a bit of a up tick so there is still hope but the trend overall continues.
- Restaurant sales are still down in march despite an increase in sales from the previous month
- Staffing for restaurants proves to be a huge hurdle for all owners.
- The economy in 2017 is improving and the restaurant business is following along that trend
“March did represent an improvement versus the prior month. Although still negative, sales improved by 2.5 percentage points compared to February.”
Read more: http://www.nrn.com/sales-trends/q1-restaurant-sales-performance-disappoints-despite-march-improvements
(abstract 3HA5ODM5KAS7N9PY33GN5OK0NANVS4 3M68NM076H7CUO8DD8DCR6VPFU16RJ A1SWRO4LMKPCOQ)(authorquote 38F60IALAGHS981XP6XOU0QWVYJ0T3 3OVHNO1VE61KHO9JXCF3JF7G5X7DZB AQORJW4W8U9YU)(keypoints 3P0I4CQYVY7546XAMW4A7LTDXVHOW7 3RSDURM96AMP44DEXLO4BQGZZG8YE4 A8TK3JACM5EM)
Related Post:
Published April 26, 2017
Q1 restaurant sales performance disappoints despite March improvements
The restaurant industry is struggling first quarter in the economy. While March was a upswing in sales for the industry it still was quite lacking. Sales performances have been dropping year after year and they were down eleven of the last twelve months. This is a scary trend for many. There is so much competition out there and traffic has been down over 3% this quarter. Summer is a bit of a up tick so there is still hope but the trend overall continues.
Key Takeaways:
“March did represent an improvement versus the prior month. Although still negative, sales improved by 2.5 percentage points compared to February.”
Read more: http://www.nrn.com/sales-trends/q1-restaurant-sales-performance-disappoints-despite-march-improvements
Restaurant Middle-class Job Growth Nearly Four Times Stronger Than Overall Economy
All Blogs
ARCHIVES