Quick service sector comps up in October but performance gap persists among restaurant sectors
SEAFOODNEWS.COM [Nation's Restaurant News] By Jonathan Maze - November 14, 2014 -
Quick-service restaurants reported strong same-store sales during October, leading the best month in at least three years for the NRN-MillerPulse survey.
Industry same-store sales rose 3.3 percent during the month, the first time in three years that the benchmark was above 3 percent. Sales rose 4.9 percent on a two-year basis, the best month for that figure in 18 months.
Traffic rose 0.2 percent, which, while modest, represents continued improvement and the second time in three months that traffic was positive.
A big gap remains between segments. Quick-service restaurants continued to lead the industry in October, with same-store sales rising 4 percent during the month, according to the survey. Casual-dining same-store sales rose 1.6 percent, a 2.4-percent gap.
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