Slower consumer traffic sends restaurant performance down in June but outlook still favorable
SEAFOODNEWS.COM [SCOM] August 1, 2014
Due in large part to softer customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) registered a moderate decline in June. The RPI stood at 101.3 in June, down from a level of 102.1 in May and the first decline in four months. Despite the drop, the RPI remained above 100 for the 16th consecutive month, which signifies expansion in the index of key industry indicators.
Although overall same-store sales remained positive in June, the RPI dipped as a result of softer customer traffic levels. Looking forward, operators are generally optimistic about sales growth in the months ahead, and their outlook for capital spending remains near post-recession highs...
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