Restaurant Industry Third Quarter Earnings Report Shows Drop in Sales
SEAFOODNEWS.COM [Seafood News] - November 14, 2017
Restaurant sales in the third quarter have continued to drop. Technomic, an analysis and data company, reports that “publicly-held companies saw their third quarter comparable sales drop by 1.3%.” According to Kevin Schimpf, industry research manager at Technomic, the hurricanes that hit in August and September played a role in the decline.
“As we look to the fourth quarter, expect modest improvements in comparable sales as operators face easier quarterly comparisons from ...
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