Ryan is an attorney and valuation specialist residing in Chicago. He chronicles his thoughts and research on FranchisePundit.com. You may reach him by email ryanknoll@gmail.com or mobile telephone 312-212-3423.
Restaurants seem to have had a good year.
The largest Pizza Hut Franchisee in the U.S., NPC International, Inc., owned 874 Pizza Hut locations during the 3rd quarter of 2007. With $173.3 million in total 3rd quarter sales, the annualized sales per store was about $793k, which translates to a monthly revenue of just over $66k, and daily sales for a 30 day month of about $2,200.
Comparable sales, or sales in stores that have been open at least a year, increased 4.9 percent in the third quarter. That makes five consecutive quarters of comparable sales growth, pushing NPC’s positive comparable sales record to 35 of the last 37 quarters, Schwartz said in the release.
CKE Restaurants reported Wednesday that Hardee’s same-store sales rose 3.6 percent for the four-week period ended Nov. 5, and increased 2.7 percent for the third quarter ended on the same date.
In the U.S., McDonald’s same-store sales rose 5.4 percent in October, boosted by the ongoing popularity of the Monopoly game promotion, the company said.
RETAIL UP:
- Target +4.1%
- Wal-Mart +0.4%
- TJX (TJ Maxx, Marshall’s) +3%
RETAIL DOWN:
- Anne Taylor – 4.2%
- Chico’s -10.6%,
- Bon Ton, Cato -8%,
- Fred’s -0.6%,
- J.C. Penny -1.8%,
- DSW – 3%,
- Cache -3%,
- Pacific Sunwear -.08%
- Sharper Image -8%,
- Gap -8%,
- Nordstrom -2.4%,
- Macy’s -1.5%,
- Kohl’s -1.5%,
- Talbot’s -7.9%
- Shoe Carnival -5%,
Similar Posts:
- Same-store sales roundup
- Same-Store sales report
- 2006 First Quarter – Yummy Same Store Sales Increase
- Some Sales are Up – Panera, Buffalo Wild Wings
- Quick News Notes
