Survey: Operators Positive On Sales, Margin Expectations

NRN.com reports, “Resta""urant industry same-store sales set records in October, according to the latest NRN-MillerPulse survey, and restaurant operators reported more optimism as margin outlooks for the near term turned positive for the first time in nine months.”

“MillerPulse, an operator survey exclusive to Nation’s Restaurant News, polls about 100 restaurant operators each month on sales, profit trends, performance and sentiment outlooks. Respondents cover all regions of the country and represent concepts in the casual-dining, fine-dining, quick-service and fast-casual segments. Together, the group of respondents typically represent restaurants that book about 19 percent of industry sales. The November survey, which looks at October results, reported an average industry same-store sales gain of 3 percent, compared with a 2.9-percent increase in the previous month, and a 3.7-percent increase from October a year ago. The latest result is the best 2-year trend on record, up 6.8 percent, according to the report.”

Read more: http://nrn.com/article/survey-operators-positive-sales-margin-expectations#ixzz1ffx4UrM5