After seeing strong same-store sales increases from December through February, March may bring a downward trend for restaurants in the casual-dining sector — possibly the worst since December 2010, according to an analyst report Thursday. Mark Kalinowski, a restaurant securities analyst for Janney Capital Markets, cited unnamed industry sources who predicted that March same-store sales for casual dining in aggregate have the potential to be negative. Kalinowski previously projected ...
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Contact: Desiree Torres Desiree.Torres@penton.com