Unless its different this time (thanks to the government stimulus program) casual dining sales trends are impacted by higher gas prices.
As a reminder, this is a small sample of what happened in the summer of 2007:
EAT lowered guidance in August.
PFCB missed in October.
CAKE missed in July
MSSR missed in September
I don't need elaborate any further...
Except, I should point out that the casual dining group is up 25% this year.