Analyst: Trend will benefit 'weaker players' like Sonic, Jack in the Box
After a sluggish summer, sales at fast-food chains have started to gain momentum, according to an analyst report Monday. Larry Miller of RBC Capital Markets Corp. said in the report that same-store sales trends within quick-service channels were up 1 percent in August and 2 percent in September, with positive trends continuing into October. In addition, he said a poll of consumers in late August showed the first year-over-year increase in their plans to spend at quick-service restaurants ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?