Yep...Chart looks like my business; sales and TC's continue decline I continue to raise prices because of cost pressures and paying more rent & service fees (royalties).
The revenue graph is misleading as it does not account for the increase in the number of new operator restaurants opened during the five year period. Should have indicated average revenue per restaurant during that period. Correct?
Revenue would include all stores open for business, new or old. While comparing revenue and same-store-sales is kind of apples and oranges I think the WSJ is just trying to identify a trend.
4 comments:
Yep...Chart looks like my business; sales and TC's continue decline I continue to raise prices because of cost pressures and paying more rent & service fees (royalties).
The revenue graph is misleading as it does not account for the increase in the number of new operator restaurants opened during the five year period. Should have indicated average revenue per restaurant during that period. Correct?
Revenue would include all stores open for business, new or old. While comparing revenue and
same-store-sales is kind of apples and oranges I think the WSJ is just trying to identify a trend.
An O/O on the mcd board of directors could stop a lot of bad things from happening.
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