Technomic Cites Improved Chain Restaurant Sales in September.
Business Editors/Food Writers
CHICAGO--(BUSINESS WIRE)--Oct. 21, 2003
September September: see month. 2003 same-store sales Same-store sales is a business term which refers to the revenue generated by one of a retail chain's specific outlets during a certain period of time (often a fiscal quarter or a particular shopping season), compared to an identical period in the past, usually in the previous year. for the major U.S. restaurant chains The following is a list of restaurant chains.
See also: Fast-food restaurant, Casual dining, List of reference tables. International
Quick Service Restaurants: Up 5%. Results were negative through March; September's rate was up over the 4.4% recorded in August.
Casual Dining: Up 2.3%. September was the second best month all year, but down from the 5.2% increase recorded in August.
Technomic has forecasted growth for the total restaurant industry in 2003 to reach 2.9%. Additional same-store sales data and other food industry facts can be found at www.technomic.com/ind_facts.html. For other related information, please contact Chris CHRIS Chemical Hazards Response Information System (US DoD)
CHRIS California Historical Resources Information System
CHRIS Computerized Human Resources Information System
CHRIS Command Human Resources Intelligence System Urban at Technomic, Inc., at 312-876-0004, ext. 229, or email@example.com.
It is important to note that these same-store sales results are based on publicly-reported data from all chains who report monthly. In total, their 2002 September sales were in excess of $64 billion, or about 25% of the industry.