• RR’s Intent to Eat Out Index (our survey of 1,500 consumers’ plans to eat-out over the next month) increased +5.5% y/y.
• On a sequential month/month basis, we see a stabilization in the form of a strong increase in respondents indicating plans to eat-out with about the same frequency as the previous month (especially among those 55+).
• RR’s Intent to Eat Out Index (our survey of 1,500 consumers’ plans to eat-out over the next month) increased +5.6% y/y as trends continue strong since April’s rebound.
• On a sequential month/month basis, we see a notable change in the intentions of 18 – 24 year-olds, with a sharp increase in plans to eat out more than offsetting plans to reduce trips out.
• RR’s Intent to Eat Out Index (our survey of 1,500 consumers’ plans to eat-out over the next month) increased +6% y/y after peaking last month.
• We see a higher percentage of “about the same” responses as consumers return to more normal routines (particularly among the 18 – 24 year-olds).
• RR’s Intent to Eat Out Index (our survey of 1,500 consumers’ plans to eat-out over the next month) increased +16% y/y to its highest level since we created the index in September 2018.
• Notably, the Index has set records for the last 2 months after bottoming in March 2020. Results were helped by the intention of those 45+ to eat out a “little more” as older consumers begin to feel more comfortable.
RR’s Intent to Eat Out Index (our survey of 1,500 consumers’ plans to eat-out over the next month) increased +6.4% y/y to its highest level since we created the index in September 2018.
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