Report: Same-store sales slowdown hints at soft 4Q

Report: Same-store sales slowdown hints at soft 4Q

This exclusive series to Nation's Restaurant News provides insight into the sales and traffic data from clients subscribing to Black Box Intelligence, a financial performance benchmarking company. The views expressed here do not necessarily reflect those of Nation's Restaurant News.

The first month of the fourth quarter was weak for the restaurant industry. Same-store sales dipped into negative territory, falling 0.2 percent, for the first time since July 2014, breaking a 14-month streak of positive sales growth, according to data reported by TDn2K’s Black Box Intelligence through The Restaurant Industry Snapshot, based on weekly sales from over 22,000 restaurant units and more than 120 brands representing $55 billion dollars in annual revenue.