New products and promotions helped boost same-store sales growth in restaurants so far in the second quarter, according to Wall Street analysts.
"About two-thirds of the way
through the second quarter, U.S. chain quick-service restaurant
same-store sales appear to have improved by about 30 to 50 basis points
sequentially from those of the first quarter as a whole," Mark
Kalinowski, a Nomura-Instinet analyst, wrote in a research note Monday.. . . more