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.
March 2017 highlights:
- On a national scale, Chicago outperformed all other cities with 4.94% year-over-year same store sales growth.
- New York City had the worst performance nationally this month with -3.94% year-over-year same store sales growth. Here at Avero we attribute this to a particularly rainy and cold March that kept diners at home particularly holding them back from going out for Breakfast/Lunch.
- Las Vegas had an increase in year-over-year same store sales of 4.20% with particularly strong weekday sales. Our Avero Las Vegas experts believe this is due to a surge in guests visiting the city for Spring Break and diners heading out to watch March Madness games.
Avero Index: National & Multi-City, March 2017
Avero Index: Atlanta, March 2017
Avero Index: Chicago, March 2017
Avero Index: Las Vegas (by Day of Week), March 2017
Avero Index: Los Angeles, March 2017
Avero Index: New York City (by Meal Period), March 2017
Avero Index: San Francisco, March 2017
Avero Index: San Fransisco, March 2017
Updated through March 31, 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.