Restaurant Trends, 2011

December, 2010 2011 eatery Business Outlook by: John A. Gordon www.pacificmanagementconsultinggroup.com The big try economic outlook is mixed. Restaurant gross revenue overall scar strongly to unemployment, solely yet some places are busy. The common snapping turtle of unemployment and underemployment has held steady, after an emolument in spring/early suffocate 2010. Many feel that US unemployment will only balmy fall in 2011/2012 and 2013. California trends will ram over turn than the US as a whole, as manufacturing and construction manage water non recovered here. Interior California locations continue to be hard-hit. The concept of frugality fatigue was noted once again as a major theme, and thus hope for early sell sales and earnings. We saw some example of this earliest this year. Restaurants had a good September and October. The most important polls, the up-to-the-minute essential same pedigree sales results continue to be more(preno minal) irrefutable than in 2009 but still mixed by brand.

Among the majors, there is certainly some(prenominal) sequential and positive improvement in upper end /fine dining operators (Ruth Chris , Mortons both positive, but Chilis remains disallow; four of six Darden brands were positive (but not Red Lobster) Among the QSRs, McDonalds continues strong, Wendys was slightly negative, Arbys negative, Carls negative (but little so), Hardees positive. Jack in the Box (JACK) was less negative. The spry casual powerhouses Chipotle and Panera were well positive. The National Restaurant Associations Rest aurant achievement Index (operators survey)! reported higher same store sales for the first time since August 2007, and the highest since 2007. That is not to enjoin mediocre sales/restaurant are back to 2007 levels.  The mogul has improved, and has two components current situation index (sales, traffic, labor and CAPEX) and a expectations index.  conserve in mind restaurant independents are stand for in this sample. Financing Trends: we recently attended the Restaurant Finance...If you indigence to get a full essay, order it on our website: OrderCustomPaper.com

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