October National Restaurant Sales Metrics

October's numbers continued to stay stable, ending up overall still positive with slightly slower growth than September.

Surprising to no one, summer's end was marked with a spike in fresh produce costs as beans, two types of lettuce, tomatoes and eggs topped our Mover's chart. Udon noodles topped the Droppers chart, along with a special appearance from last month's testiest tuber - Idaho potatoes (just in time for Thanksgiving!).

Food and beverage costs were slightly up from the end of last quarter, with the food category reaching 35% of sales and liquor at 16%.

Sales broken down by segment show Full Service at 11% higher than October 2021, and Fast Casual at 8%. Overall, national restaurants ended the month at 10% higher sales than last year.

The holiday months are sure to bring a much needed upswing in sales, so we're excited to see what November brings! We are also keeping a special eye out for whole turkeys as their November 2021 price spike (40% cost increase) was one for the record books. 

See you in November!