Despite tepid consumer spending and a sputtering economic recovery, restaurant chains reported that more guests walked through their doors in the third quarter. Earnings reports for the three months ended in mid-fall suggest that sales across the industry may finally be stabilizing — or even growing — after years of declines due to consumers’ unwillingness to shell out money for a meal out. “We saw steady improvement pretty much across the board in both the ...
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Contact: Desiree Torres Desiree.Torres@penton.com