Consumer Dining Survey: Sales Inching Up; Basket Size Trending Down | Modern Restaurant Management | The Business of Eating & Restaurant Management News

QSR net sales for the quarter are up 1.4 percent compared to Q2 2021, according to the Revenue Management Solutions (RMS) Q2 Industry Trends Report. Average check was up 7.2 percent for the same period, while Q2 traffic was down 5.4 percent YOY.

Inflation is still climbing, but it's not all bad news for operators

In recent news that probably surprised no one, the Fed announced that the US inflation rate had accelerated, exceeding even already-gloomy expectations. In May 2022, the annual rate was 8.6 percent. Come June, the Labor Department's Consumer Price Index saw that annual rate climb even further to 9.1 percent, the highest it's been since November 1981, not to mention the sharpest monthly increase the country has seen since 2005.

While inflation is most definitely impacting guests, RMS' Q2 2022 Industry Trends Report shows it's not all bad news for operators. QSR net sales are up 1.4 percent YOY after experiencing a decline in overall…

Jana Zschieschang

Jana Zschieschang is Chief Marketing Officer of Revenue Management Solutions, LLC, a global enterprise providing patented, data-driven solutions and services that drive sales and profitability for over 100,000 restaurants in more than 40 countries and 20 languages. In her role, she designs global marketing and communication strategy and implementation at each of RMS’ offices in Tampa, Tokyo, Singapore, London and Paris. Before being named CMO, Zschieschang was RMS President of EMEA, where she founded RMS’s London office, quadrupled the staff and added dozens of new clients.

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Jana Zschieschang