Same-store sales fall for third straight month in April
Same-store sales declined for the third straight month in April, with results essentially unchanged compared with March.
Sales fell 1 percent for the month, a 0.1-percentage-point improvement from March. This insight comes from data reported by TDn2K through The Restaurant Industry Snapshot, based on weekly sales from over 27,000 restaurant units and more than 155 brands, representing $67 billion dollars in annual revenue.
Traffic fell 3.3 percent in April, representing a modest improvement of 0.1 percentage points over March results.
Annual sales dropped 1.5 percent through April, compared with a 2.3-percent decline in the fourth quarter. If sales remain