Applebee’s 1Q23 Comps Increased +6.1% Y/Y

May 8, 2023 | RR Premium

Management is monitoring industry research which indicated that consumers were becoming more discerning in late 1Q23 around value as measured by price, cleanliness, speed of service & convenience. In any case, Applebee’s guests continue to remain resilient & “steady state” over the last couple of quarters.

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