Citizens Capital Markets and Advisory’s Post

Many restaurateurs have benefited recently from a slight improvement in operating conditions, and there is significant optimism for the future for the sector following a challenging economic year. Highlights from Q2 category-specific sales data include: QSR concepts narrowly produced a positive gain of +0.1% in Q2 2024 to give the segment its 16th straight positive quarter with coffee/snack concepts leading the way at +2.2%. - Fast Casual posted strong results as the segment continued to show improvement landing at +6.0%. - Family Dining declined slightly at -1.3%. - Casual Dining fell just 0.4%. - Fine Dining posted its fourth consecutive negative quarter at -4.8%, tracking declines from all concepts. Dive into more category-specific metrics and the state of the sector in our latest insights here: http://spr.ly/6042sPepr #RestaurantIndustry #Franchise #Insights

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