The Avero Index is an indicator of year-over-year restaurant industry trends, specifically same-store sales performance. These trends encompass a group of restaurants representing different cuisines, venue types, and average checks, nationally and in the following markets: Atlanta, Chicago, Las Vegas, Los Angeles, New York, San Francisco, and Washington DC.
September 2017 Highlights
- The multiple tragic national disasters over the past month (Hurricane Harvey, Irma, and Maria) have extended their destruction to the restaurant industry driving same store sales down 1.4% nationally this September.
- New York City sales almost broke even (-0.2%) with restaurants with average checks under $40 continuing to underperform compared with more expensive restaurants (-3.4%).
- Poor weekday sales (-2.5%) led Las Vegas to decreased sales this September as well (-1.4%).
- This September marks the 12th consecutive month Washington DC same store sales have surpassed last year’s monthly sales.
Avero Index: National, September 2017
Avero Index: Atlanta, September 2017
Avero Index: Chicago, September 2017
Avero Index: Las Vegas by Day of Week, September 2017
Avero Index: Los Angeles, September 2017
Avero Index: New York City by Avg Check, September 2017
Avero Index: San Fransisco, September 2017
Avero Index: Washington DC, September 2017
Updated through September 30, 2017
This information is property of Avero LLC. It is confidential and it may not be reproduced, copied, published, transmitted or otherwise distributed, in whole or in part without the prior written authorization of Avero, LLC.