Casual Dining – October Traffic Trends
Casual dining same-store sales declined 6.1% versus down 1.1% a year ago. This represents a 230 bp sequential decline from September’s number. Most of this decline was driven by the continued fall off in traffic, which accelerated its declines in October, down 8.2%.
© 2020 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.