RESTAURANT INSIGHTS | ICR preview, CMG adding 1 HR, Industry 4Q Traffic  - 2023 01 04 9 01 42

ICR Preview 

We are hosting an ICR Conference preview for companies in the Restaurants & Consumer Staples sector today at 12:30 PM ET.

CALL DETAILS:

  • Date & Time: Wednesday, January 4 at 12:30 PM ET.
  • Webcast & Slides: CLICK HERE (Refresh Shortly Before The Call).
  • Add To Your Calendar: CLICK HERE

RESTAURANT INSIGHTS | ICR preview, CMG adding 1 HR, Industry 4Q Traffic  - 2023 01 04 9 26 39

CMG Extending Hours

‘I’m flabbergasted honestly’: Chipotle employees say they weren’t aware store hours had changed until the day-of

Why is CMG staying open an extra hour? What is the impact on incremental sales versus expenses? What will this do to employees' morale, which might be at an all-time low?

Industry Traffic Trends 

As far as the Placer.AI data looks, industry sales decelerated in 4Q22, especially Casual Dining.

RESTAURANT INSIGHTS | ICR preview, CMG adding 1 HR, Industry 4Q Traffic  - 2023 01 04 9 27 23 

RESTAURANT INSIGHTS | ICR preview, CMG adding 1 HR, Industry 4Q Traffic  - 2023 01 04 9 05 48