- 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.
- While digital & off-premise continues to take center stage during the investor calls, metrics for these nascent channels are sometimes hard to come by.
3Q19 Digital & Delivery Overview
Casual 3Q19 Highlights
Bragging rights = less negative traffic