Restaurant Sales – DC – June 2020

Slow and steady wins the race.

Open restaurants in the DC area are still -46.5% of sales last year, compared to the rest of our national data set showing sales down -19.5% (7 day moving average). Typically, DC area restaurants benefit from tourists dining and business-related meals – occasions that aren’t occurring during this crisis – making the difference between sales 2019 and 2020 pretty stark in the DMV. However, while we see sales growth fall nationally in response to markets adjusting to increased cases, the DMV’s sales growth is climbing up steadily. With June beginning at -61.1% of open-restaurant sales and the month ending at -46.5% – we’ll call it a good month.

On another positive note, the percentage of restaurants closed in the DC area is lower than the rest of the country. While we have followed the same trend in closures nationally, only 7.2% of our restaurants remain closed vs. 12.6% nationally.

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About these metrics: The MarginEdge monthly snapshot of DC Metro restaurant sales is based on a sampling of 300+ area restaurants ranging from fast-casual to full-service.