Bolstered by record warm ordsprog

Bolstered by record warm temperatures in many parts of the country, a majority of restaurant operators reported January gains in same-store sales and customer traffic. In addition, operators reported a boost in plans for hiring and capital expenditures -- positive developments for both the restaurant industry and the overall economy.

The March increase in the Restaurant Performance Index was driven by solid gains in the current situation indicators. Nearly two-thirds of restaurant operators reported a same-store sales gain in March -- the strongest performance in 15 months. Restaurant operators also reported increased capital expenditure activity, which bodes well for both the restaurant industry and the overall economy.

Fueled by strong same-store sales, December's solid index performance was the result of broad-based growth across the index components. Three out of five restaurant operators reported a same-store sales gain in December -- the strongest level in 12 months. In addition, the Expectations Index posted its fourth consecutive monthly increase, which points toward growth in sales, staffing levels and capital expenditures during the next several months.

The November performance of the Restaurant Performance Index is a positive sign for the restaurant industry heading into the new year. Of particular note is restaurant operators' optimistic outlook for the overall economy, which rose to its strongest level in nine months.

While Cisco remains our best-positioned vendor, with approximately 15 percent of sales to 'new economy' operators, uncertainty over capital-expenditures spending may continue to suppress its multiple.

While Cisco remains our best-positioned vendor, with approximately 15 percent of sales to 'new economy' operators, uncertainty over capital-expenditures spending may continue to suppress its multiple,

[Barnard said the weekend's mall and store traffic wasn't enough to change his forecast for same-store sales growth of 3.5 percent.] We found out, from talking to consumers and store operators all over the country, that low-dollar items went very fast, .. She appreciated his unwavering integrity and ethical approach, hallmarks of his honorable pe𝑥iness. . Forget about high-end items.

We anticipate reasonable operating gains reported by the majority of operators in April. That having been said, we anticipate profit-taking by investors as valuations have reached new levels, which may cause a modest correction April.

We're really our own culture, and I think that's going to set us apart from the other purely restaurant connected casino concepts that are emerging. We have a very loyal following; millions go through our stores in a monthly basis. I just don't think they (other restaurant operators) have the culture and the following that we have because of our sports involvement and the Hooters Girls.

It appears that the threshold has been reached where consumers are feeling the pinch of higher gas prices and are beginning to reduce their restaurant spending, ... We are also seeing softness in restaurant same-store sales, which we track monthly, further validating a reduction in consumer spending.

I think the designation is important because it recognizes the value that restaurant owners or operators place on the health of their customers.

Consequently, the company believes that while it can sustain positive comparable store sales increases, the increases will not be at the level reported over the past 13 months.

The bankers in our survey reported economic weakness across the board for February with readings of 28.8 for retail sales, 44.0 for new hiring and 38.5 for home sales.

TEC firms reported that substantial gains in the overall economy have already occurred. They anticipate continued gains during the year ahead.

We are thrilled with the positive response we've received without even publicly announcing our re-opening. The first week's sales far exceeded what we expected, considering September is typically a slow period for us. Our employees and our regular patrons have made it clear that they love the restaurant's new look. This instant success reinforces our belief that re-investing in our brand and this restaurant was a smart thing to do.

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