This Week In Foodservice

Jerry Stiegler aggregates key industry information and provides brief analysis to help foodservice professionals navigate the data.

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This Week in Foodservice

The NRA Reports Downturn in Restaurant Performance, Thousands of U.S. – Based Chain Restaurants Close in China to Avoid Spreading Coronavirus, McDonald’s Reports Strong Quarter

The National Restaurant Association Restaurant Performance Index hit 101.7 in December, down from 101.9 in November. The decline comes after the index posted moderate growth in October and November. A reading greater than 100 indicates expanding activity.

The Current Situation Index declined to 100.5 in December from 102.1 in November. Operators who reported increased same-store sales for the corresponding month a year earlier fell from 68 percent in November to 44 percent in December. Customer traffic also dropped in December from November. The good news was the Expectations Index edged up a bit, going to 101.8 in December, up .2 from November.

As a group, foodservice operators continue to invest in their businesses. The study shows 58 percent of operators making a capital expenditure for equipment, expansion and/or remodeling in the last 3 months. This is up from 53 percent in the November survey. Looking ahead, a solid of 61 percent plan to make a capital expenditure in the next 6 months for equipment, expansion and/or remodeling.

While the RPI shows very limited growth at least there is some expansion and operators seem quite willing to spend.

Economic News This Week

Foodservice News This Week

For details and same-store sales of other chains, Please Click Here for the latest Green Sheet.

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