Q1 restaurant sales performance disappoints despite March improvements

The restaurant industry is struggling first quarter in the economy. While March was a upswing in sales for the industry it still was quite lacking. Sales performances have been dropping year after year and they were down eleven of the last twelve months. This is a scary trend for many. There is so much competition out there and traffic has been down over 3% this quarter. Summer is a bit of a up tick so there is still hope but the trend overall continues.

Key Takeaways:

  • Restaurant sales are still down in march despite an increase in sales from the previous month
  • Staffing for restaurants proves to be a huge hurdle for all owners.
  • The economy in 2017 is improving and the restaurant business is following along that trend

“March did represent an improvement versus the prior month. Although still negative, sales improved by 2.5 percentage points compared to February.”

Read more: http://www.nrn.com/sales-trends/q1-restaurant-sales-performance-disappoints-despite-march-improvements

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