Restaurant Sales and Traffic Trending Upward in August

September 12, 2016

The downturn in restaurant sales continued during August as the industry faced its third consecutive month of negative same-store sales growth and the sixth month since the beginning of the year with declining year-over-year sales. Despite the negative 0.6 percent same-store sales growth posted during August, there was some good news in the fact that this result represented an improvement of 0.8 percentage points from the July result and is the second best month since April based on sales growth. This insight comes from data reported by TDn2K’s Black Box Intelligence through The Restaurant Industry Snapshot, based on weekly sales