RR’s 3Q19 Presentation

3Q19 comps definitely received a boost from menu price & mix increases which more than offset continued traffic losses driven by lost wallet share as consumers spend more on things like entertainment, delivery expenses (in our opinion) and expenditures to keep-up with ramping inflation for necessities like education & insurance.

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Dashboard: December 2019

Solid 4Q comp outlook; QSR & FSR value efforts continue zig zagging; 4Q GDP growth outlook rebounds; Food & labor costs escalate further; Valuation Index pressured by cost concerns; Flat RR Index underperforms.

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Remodeling Report Announcement

Remodel data and analysis on 50+ national chains, including: (1) remodel progress/system condition; (2) investment costs; (3) post remodel sales increases; (4) estimated return on investment; (5) franchisor remodel incentives; and (6) program scope.

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