Quick-service sales show signs of improvement

Analyst: Trend will benefit 'weaker players' like Sonic, Jack in the Box

After a sluggish summer, sales at fast-food chains have started to gain momentum, according to an analyst report Monday.

Larry Miller of RBC Capital Markets Corp. said in the report that same-store sales trends within quick-service channels were up 1 percent in August and 2 percent in September, with positive trends continuing into October.

In addition, he said a poll of consumers in late August showed the first year-over-year increase in their plans to spend at q

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