January 28, 2014
By Bob Coleman
Editor, Coleman Report
Individual sales stats for the past three years of about 50 companies are broken out in buckets; fine dining, casual dining, family dining, fast casual, quick service, coffee/snack, mexican, pizza and sandwich.
There is also a recap of 2013.
The summary? Sales are up, but traffic count is down
Casual dining guest counts remain challenging while fast-casual continues to rebound.
Coffee/Snack category has the biggest gains for the quarter.
For 2014? The report says restaurant performance will be directly tied to the Feds stance on tapering from quantitative easing.
Read the report by Trinity Capital, an investment banking firm specializing in the restaurant and food industries.