Early fourth-quarter sales reports suggest unemployment and anemic consumer spending have continued to hamper sales growth for restaurant chains. With two investor conferences on the calendar last week, a number of restaurant companies released preliminary sales reports for the final quarter of 2009. Although many reported gains in total revenue from new restaurant openings, declines in same-store sales continued to stain companies’ results.Analysts had largely hoped to see some same-store ...
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?