Is the Breakfast Forecast Partly Sunny or Partly Cloudy? 

QSR breakfast shows signs of recovery after a pandemic-induced decline over the past 24 months. The author notes that breakfast traffic has returned to positive levels. She’s right, but it’s worth digging a little deeper. As a global data analytics partner to private and public restaurant brands, we gather insights from many sources, including monthly QSR sales, traffic, average check and basket size. Our observations suggest that while the breakfast daypart is a sunny spot in an otherwise stormy market, a few clouds may loom.

When looking at the impact the breakfast daypart had on trends for August 2022, we found that: 

For most of 2022, breakfast maintained relatively positive traffic performance YOY. However, in June, the category started a downward trend, similar to declines in lunch and dinner that started as far back as Q3 2021.  Year over year, breakfast traffic is trending positive, though slightly down (-0.6 percent) from August 2021, compared to declines in…