/sites/all/themes/penton_subtheme_nrn/images/logos/footer.png
Nation's Restaurant News
Same-store sales report: February 2019
Alan J. Liddle 1 Feb 15, 2019

1 6

X

1 6

ADVERTISEMENT

*Same-store sales for 28 systems or divisions whose latest reported quarter ended closest to Dec. 31, 2018, or between Nov. 25, 2018 and Jan. 1, 2019. Excludes Popeyes’ global results.

*Same-store sales for 44 systems or divisions whose latest reported quarter ended closest to Sept. 30, 2018, or between Aug. 31, 2018 and Nov. 4, 2018.

*Recent quarter same-store-sales change combined with same year-earlier quarter change, or stack, for 28 systems or divisions whose latest reported quarter ended closest to Dec. 31, 2018, or between Nov. 25, 2018, and Jan. 1, 2019. Excludes Popeyes’ global results.

*Reflects annual same-store sales for 17 systems or divisions for which the most recent reported quarter — reported on or before Feb. 5, 2019 — concluded a fiscal year. Approximately 76 percent of the entities represented provide limited service. Excludes Popeyes’ global results

Company highlights
Courtesy of McDonald's

For the fiscal year ended Dec. 31, McDonald’s Corp. namesake global and U.S. systems reported same-store sales growth of 4.5 percent and 2.5 percent, respectively. That bettered annual results from segment No. 2 Burger King, which clocked improvements of 2 percent worldwide and 1.4 percent domestically. McDonald’s had better annual system comps gains than BK in 2017 and 2016 as well, with three-year annual change stacks of 13.6 percent globally and 7.8 percent in America, compared with Burger King’s 7.4 percent global and 4.9-percent U.S. multi-year bumps.

 

Company highlights
Courtesy of Papa John's

The Monday that Papa John’s International Inc. said North American systemwide same-store sales were probably down 8.1 percent in the fourth quarter, its stock price rebounded nearly 13 percent from Friday’s close. That Q4 decline was a sequential improvement from the third quarter’s 9.8 percent comps decrease, but the stock rise likely entirely stemmed from the company’s acceptance of a $200 million investment by hedge fund Starboard Value LP. Papa John’s has suffered five straight quarters of lower same-store sales following controversy around founder and former chief executive John Schnatter, who resigned last July but changed his mind and sued to regain control.

Next Up
15 executives on the move at restaurants across the country
Start Slideshow ›