Analysts outline expected sales trends for fourth quarter and beginning of 2012
As businesses gear up for the holiday spending season, restaurant sales for the next few months are looking up. Although most restaurants typically don’t generate a disproportionate percentage of annual sales during the fourth-quarter holiday season — typically around 27 percent of full year sales, according to analysts at Barclays Capital — this year chains across all segments are expecting to see a boost in sales. High-end steakhouse brands Morton’s The Steakhouse ...
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