Restaurant Performance Index hits 10-month high

Restaurant Performance Index hits 10-month highThe National Restaurant Association has announced that higher same-store sales and an improved outlook among restaurant operators has driven its Restaurant Performance Index to its 10-month high of 101.0 in April.

“Growth in the Restaurant Performance Index was due largely to restaurant operators’ healthier outlook for the business environment in the coming months,” said Hudson Riehle, senior vice president of the Research and Knowledge Group for the NRA. “In particular, there was a dropoff in the proportion of operators who expect conditions to worsen in the months ahead, which suggests a broadening of the perspective that the expansion is firmly entrenched.”

To read NRA’s full release, click here.