Casual Dining Exposure Exposed…

11/21/08 03:01PM EST
The charts attached below show casual dining restaurants’ exposure to the better and worse performing regions of the U.S. relative to the national average from a comparable sales growth perspective in August and September 2008. For reference, in September, none of the regions had positive comparable sales growth so the outperformance and underperformance is relative to the average 4.1% same-store sales decline. CHUX, CPKI and RUTH have the most exposure to the underperforming regions of the U.S. while SNS and TXRH have the highest proportion of their restaurants located in the better performing regions.
© 2024 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.