• 3Q21 total restaurant industry revenues increased +30% y/y and +15.2% on a 2 yr. stacked basis. This suggests a huge rebound in the mom & pops during last quarter!
• Sharp FSR Decline Triggered by Lockdown Threats
• Higher Commodity & Construction Prices May Continue into 2022
Same Store Sales Trends 3Q:21 Sales Strength Tempered by Labor Shortage 16 out of 27 public $1B+...
Read More
• QSR Finally Ramps-up Value Amid Record Core Price Hikes
• Consumer Weakness + Inflation = Higher Value Mix
• Labor Issues and Difficult Comparisons Weigh on QSR
• Cap Rates Reach All-Time Low
• 2Q Results Surpassed 2019 & Are Now Moderating
• Consumer Outlook Weakens
• More Franchisee Consolidation Expected in 2022
• 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
