1Q:21 Same Store Sales

May 28, 2021 | Report Announcements

  • 1Q21 comps were very strong with the $1B+ Chains reporting +10.8% growth on a weighted average basis (+8.5% on a 2-year stacked basis).
  • What is notable is how well most of the industry performed since the 1Q20 lockdowns, with 3 QSR segments up double-digits on a 2-year stacked basis during 1Q21. This speaks to the compelling appeal of drive-thrus and trusted purveyors of comfort food during a national crisis.
  • While the sit-down chains are getting back to normal, they still have a good bit of lost ground to recover. Fortunately, they have found that their new-found off-premise sales are sticking even as their dining rooms open. Also, incremental sales from new delivery only “virtual” brands are helping fill capacity.


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