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Restaurant Industry Performance Pulse: May 11, 2022

Restaurant Indusatry Performance Pulse

Restaurant Guest Counts Declining Year Over Year

Powered by Black Box Financial Intelligence™

Data through the week ending May 1, 2022

  • Restaurant sales and traffic growth improved for the second consecutive week, both posting the best results since the first half of March. 
  • Despite the improvements in traffic growth, the industry has experienced nine consecutive weeks of negative same-store traffic growth year over year. 
  • To keep track of sales and traffic week to week and understand how you are performing compared to the market, subscribe to Financial Intelligence. Subscribers will know the results of the previous calendar week on Friday. Click here for more information. 
  • Average check continues growing at a rapid pace and is a concern for guests who are contending with record-high inflation levels. The industry segments that experienced the largest year-over-year increase in average check during April were family dining, fast casual and fine dining. 
  • The breakfast daypart had the fastest comeback in sales growth year over year during April, outpacing late-night in year-over-year sales growth for the first time since March of 2021. 
  • All regions of the country experienced positive sales growth during April. The top performing regions based on sales growth were New England, California and the Mid-Atlantic. The regions with the weakest sales growth during the month were the Southwest, Texas and the Southeast. 

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