Q1 2016 Restaurant Benchmarking Update
Our quarterly report tracks key metrics of publicly traded restaurant companies by segment. In this issue, we look at operating results through the first quarter of 2016. Overall, the industry struggled to maintain flat-to-positive same-store sales. And labor costs rose across all segments as companies paid higher wages to secure employees in a tough labor market and continued to incur costs related to the Affordable Care Act. However, on a positive note for restaurants, commodity costs – especially beef – declined, contributing to lower cost of sales across the industry. For more insights and the numbers to benchmark your restaurant's operating results, click to download the full report.