US restaurant same-store sales fall 1.1% in December, mainly due to New Year's Eve and New Year's Day falling into fiscal 2013, according to report
January 17, 2013
(Industry Intelligence Inc.)
– According to Black Box Intelligence, a financial performance benchmarking company, U.S. restaurnt same-store sales fell 1.1% in December, Nation's Restaurant News reported Jan. 16
The report stated that from Dec. 1-16, same-store sales fell 1.5% while sales rose 1.7% during the remainder of the month. Same-store traffic fell 3.7%.
The results were mainly influenced by New Year’s Eve and New Year’s Day falling into fiscal 2013, which had a negative impact on December, the report stated.
The primary source of this article is Nation's Restaurant News, New York, New York, on Jan. 16, 2013.