To view the Black Box Intelligence™ Industry Snapshot in its entirety, including expert commentary, regional and market-level data and workforce metrics, you must subscribe or be a client of Black Box Intelligence Financial or Workforce Intelligence.
If you are already a Black Box Workforce or Black Box Financial client, use your platform login credentials to view the snapshot. If you do not have a log in, please contact email@example.com.
If you are not a Black Box Workforce or Financial Intelligence client, you must purchase the subscription here. Operator pricing: $599, Non-Operator pricing: $2500. To obtain the code for operator pricing, contact firstname.lastname@example.org.
After bottoming out at the end of March, restaurants sales continue to be in a slow and steady recovery. Same-store sales dropped by 40% year over year during May, although still a far cry from pre-pandemic levels, it does represent an improvement of 15 percentage points. By the last week of the month (the week ending May 24), same-store sales growth for the industry was -33%, the second consecutive week sales growth was better than -40%.
The Black Box Intelligence Restaurant Industry Snapshot™ includes: industry leading financial performance metrics including sales and traffic from the largest set of real restaurant data at the region and market level. This monthly update also includes workforce trends, as well as expert commentary from Black Box Intelligence analysts. Each update provides context around economic conditions, regional benchmarks and a look at what’s to come.