• Possible Pause from Astounding 2Q Sales Results
• Drive-Thrus Back in Favor
• FSR Feels Need to Discount More So Than QSR
• Food Inflation & Labor Shortages are a Thing
Key Cost Trends
Dashboard: June 2021
• Sales Recovery Getting Industry Back to 2019 Levels
• Lumber & Cheese Prices Tank Despite Broader Inflation
• Franchisee EBITDA Multiple Valuations on Track for Full Recovery