2Q:21 Same Store Sales

Sep 10, 2021 | Report Announcements

  • 2Q:21 comps increased +37.9% y/y for the $1B+ Chains and +12.8% on a 2 yr. stacked basis as all segments of the industry have fully recovered.
  • Strong performance reflects pent up consumer demand, additional stimulus, menu price increases, a rebound in lunch business and less discounting.
  • However, RR’s Intent to Eat Out Index (RR’s survey of consumers’ plans to eat-out over the next month) suggests that 3Q:21 comp trends are moderating, reflecting flat disposable income (less government assistance) coupled with significantly higher menu and gas prices.

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