Senior management at DRI just made comments about sales trends in September. In September, DRI blended SSS are running similar to August levels (OG -2% to -3%, RL -6% and LH -8% to -9%). They also believe the industry trends in September are running similar to August (MK SSS – 5.4%).
The chances that same-store sales for the industry are positive in Q4 are looking slimmer every day.