Gas prices can put brakes on restaurant sales

Analyst looks at eight chains and ties gas prices to same-store sales results

Compared to other retail segments, restaurant sales in general are more deeply affected by increased gas prices, with casual-dining restaurants more vulnerable than lower-priced, quick-service competitors, according to an analysis released Monday by William Blair & Co.

The report showed nearly all retail sales have an inverse relationship to gas prices, meaning when prices at the pump rise, retail sales will fall. The William Blair report used a +1 to -1 correlation scale, based on

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish