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Restaurant Industry Snapshot™ October, 2021

Off-Premise Continues to Fuel Sales Growth, Expected Slow Down in November

Published

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Industry Comp Sales & Traffic

Comp Sales

5.96%

Comp Traffic

-6.36%

*2-year comp sales and traffic (only applies from March 2021)

Restaurant Workforce Turnover

Manager Turnover*

Q3 '21
Roll 12

Hourly Turnover*

Q3 '21
Roll 12
*Black Box Workforce Intelligence, September, 2021 Release

Restaurants continue to post better sales results than they did in 2019, but the rate at which sales have been increasing peaked earlier this year and is now moderating…

Black Box Intelligence™ is the leading performance benchmarking provider for the restaurant industry connecting the dots on people, profits and performance. Their unparalleled data set reveals insight into financial, workforce, guest and consumer trends from over 300 brands and 87,000 restaurant units. Black Box Intelligence is also the producer of The 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.

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