Restaurant same-store sales fell 2.8% in July, according to data from Black Box Intelligence.
Comparable traffic was down 4.7%, a 170 bps decline from the pace seen in June.
Blackbox read: "Calculated on a two-year basis, sales in July 2017 were down -4.2 percent compared with July of 2015. Same-store traffic was -8.7 percent for that same period. These are the weakest two-year growth rates in over three years, additional evidence that the industry has not reversed the downward trend that began in early 2015."
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