Is the Restaurant Industry on the Verge of Comps Growth Again?
The U.S. restaurant industry has been fighting a tide of falling consumer traffic and negative comparable-restaurant sales growth (comps) for the first three quarters of 2017. As dining choices have proliferated, there's been plenty of debate over whether America has become "over-restauranted" and whether there are simply too many concepts now, for the decline in demand is being seen nationwide.
However, recent industry data points to a potential upturn in the making.
Image source: Getty Images.
Source: Fool.com
