Seeking Alpha

Small improvement in restaurant traffic trend

  • The National Restaurant Association's Restaurant Performance Index rose 0.2% M/M in November to hit a five-month of 101.2
  • The research group also reported that 47% of restaurant operators saw customer traffic growth improve in November from the same period a year ago, up from the 43% which reported improvement in October.
  • A majority of restaurant operators have a positive outlook on the industry and plan to spend money on capital expenditures in the next few months.
  • Related stocks: CAKE, CBRL, CMG, DNKN, DPZ, DRI, EAT, JACK, MCD, PNRA, RRGB, RT, SBUX, SONC, WEN, BWLD, THI, BDL, NATH, CEC, LUB, BKW, CHUY, BLMN, PZZA, TXRH, DENN, KKD, BBRG, DFRG, BOBE, RUTH, IRG, DIN.
Comments (1)
  • OptionManiac
    , contributor
    Comments (3337) | Send Message
     
    Let's see what the current weather pattern does to sales!
    2 Jan, 04:01 PM Reply Like
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