News

January 2015 restaurant sales increase 7.4%, study says

Applied Predictive Technologies announced that in-store restaurant sales for January 2015 increased +7.4 percent year over year.

February 12, 2015

Applied Predictive Technologies announced that in-store restaurant sales for January 2015 increased +7.4 percent year over year.

APT's results for Quick-Service show a January 2015 increase of +6.5 percent and for Full-Service +7.6 percent. Restaurant sales performed the worst in Boston at +0.6 percent and New York -0.2 percent which APT attributes to winter storm difficulties.

Patrick O'Reilly, APT President & COO, said in a statement, "We’re seeing strong sales performance in January across both retail and restaurants. While the APT Index showed slight negative effects in areas that were hit by large storms this year, sales were strong overall. APT has been consistently providing information about how retail and restaurant sales are doing across the U.S. In addition to this, we are very excited to launch sub-segments for both of these industries, which will enable companies to more accurately compare performance to their peers."

January Restaurant Sales – by APT Index numbers:

Restaurant sales soared in January 2015, according to the APT Index. The increase was driven by more patrons and larger checks.

The Big Picture 

• Overall restaurant sales: [+7.4 percent], due to increased number of checks [+3.0 percent] and larger check size [+4.4 percent]
• Quick-Service sales: [+6.5 percent]
• Full-Service sales: [+7.6 percent]

Restaurant Sales Strong, Despite Temperature Changes 

• In areas where temperature increased 5 to 10 degrees year-over-year, the APT Index of Restaurant Sales increased [+10.2 percent]
• In areas where temperature increased 0 to 5 degrees year-over-year, the APT Index of Restaurant Sales increased [+6.8 percent]
• In areas where temperature decreased year-over-year, the APT Index of Restaurant Sales increased [+5.6 percent]