Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Analyst: In the third quarter, U.S. restaurant traffic and same-store sales are expected to be under pressure.

robot
Abstract generation in progress

Jin10 data September 15th news, Benchmark analyst Todd Brooks stated that U.S. restaurants are facing short-term pressure on customer traffic and same-store sales in the third quarter, which may be due to the impact of immigration enforcement policies and consumers tightening their Transaction History spending. Brooks pointed out that the impact of immigration enforcement on restaurant traffic this quarter may be more significant than in June. Meanwhile, to boost sales, restaurants have launched stronger discount promotions this quarter; consumers are also more actively controlling their Transaction History amounts, especially reducing orders for non-main dish items. He also mentioned that the strong back-to-school season spending observed by retailers could also impact restaurants — as consumers prioritize allocating funds for back-to-school purchases, thereby squeezing spending in other categories (including dining).

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)