Franchise News
Fast Casual: April Restaurant Sales Best in Nearly 3 Years
While same-store sales jumped, same-store traffic fell.
April proved to be a strong month for the restaurant industry. According to data from TDn2K cited by Fast Casual, same-store sales jumped 1.5 percent last month. That’s an improvement over 0.7 in March, and it marks the best month for the restaurant industry since September of 2015. However, despite that positive news, the restaurant industry is also facing a lot of challenges. In April, restaurants also experienced a drop in same-store traffic.
In a release quoted by Fast Casual, TDn2K Vice President of Insights and Knowledge Victor Fernandez said, “We are seeing an uptick in restaurant revenue beginning with the fourth quarter of last year. Stronger economic conditions and high consumer confidence are certainly factors. However, this performance has to be considered against last year’s soft sales. A longer view suggests there are still significant challenges for the industry.”
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About the Author
Cassidy McAloon
FollowCassie has over five years of digital and traditional media experience. She joined NLA after working as a television news producer in both Milwaukee and Chicago, and now specializes in aligning strategies across the board for her clients, ultimately building buzz and telling compelling stories through content marketing, social media, digital campaigns and traditional PR.
Cassie has a Bachelor of Arts in Broadcast and Electronic Communications from Marquette University. In her spare time, Cassie enjoys traveling and exploring what new cities have to offer in addition to spending time with her friends and family.
