Restaurant Industry Battles Weather and Economic Uncertainty

February 12, 2016

The restaurant industry experienced a discouraging start to the year as measured by same-store sales growth during January. External factors certainly had an impact. Same-store sales growth during January was down 0.8 percent, which is the softest month since the 0.9 percent drop reported for February 2014 and only the second month with negative sales growth in the last 15 months. As a comparison, same-store sales for December of 2015 were 0.6 percent. This insight comes from data reported by TDn2K’s Black Box Intelligence through The Restaurant Industry Snapshot, based on weekly sales from over 23,000 restaurant units, 120-plus brands,…