Coronavirus: Click Here for the Latest Data Updates from Black Box Intelligence
Restaurant Industry Snapshot™ August, 2020

August Posts Best Sales Results Since February; Industry Still Not Close to Pre-COVID Performance

Published

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 shop@blackboxintelligence.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 shop@blackboxintelligence.com.

Industry Comp Sales & Traffic

Comp Sales

-12.32%

Comp Traffic

-17.67%

Restaurant Workforce Turnover

Manager Turnover*

Q3 '20
Roll 12

Hourly Turnover*

Q3 '20
Roll 12
*Black Box Workforce Intelligence, July, 2020 Release

August Posts Best Sales Results Since February; Industry Still Not Close to Pre-COVID Performance

Restaurant sales have improved every month since May and August was no different. Restaurant sales during August were the best they have been since February when the pandemic was a relatively small, regional threat. However, August’s -12.3% same-store sales growth highlights how much ground the industry still needs to cover before it gets back to its pre-COVID levels, and how long it may take to get there.

Subscribe to read more…

Black Box Intelligence™ (formerly TDn2K) is the leading data and insights provider of workforce, guest, consumer and financial performance benchmarks for the hospitality industry. The Black Box Intelligence product suite is the industry standard for operators seeking to achieve best-in-class performance results. With the largest and most reliable set of real restaurant data in the marketplace, Black Box Intelligence currently tracks and analyzes more than 330 companies, 2.5 million employees, 50,000 restaurant units and $76 billion in annual sales revenue. Black Box Intelligence is also the producer of the Global Best Practices Conference held annually in Dallas, Texas. 

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.