Report: Industry may be entering new cycle of growth

Report: Industry may be entering new cycle of growth

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.

Restaurant industry same-store sales rose 2.8 percent during the first quarter, the best quarterly performance since the recession, indicating that the industry may be entering a new cycle of sustained growth, according to TDn2K’s Black Box Intelligence, through its Restaurant Industry Snapshot based on weekly sales from more than 20,000 restaurant units representing over $48 billion dollars in annual revenue.

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