August Causal Dining Trends From Piper Jaffray

Casual dining SSS trends for August were +0.6%, reflecting 1.9% traffic and showing a slight dip +0.9% from July, but according to Piper Jaffray August was still better than 2Q when traffic measures deteriorated. Piper Jaffray sees opportunities in Casual Dining, but prefers limited service and Fine-Dinig segments, as the reports are more consistent than the up-down quarterly reports from QSRs. Current Piper Jaffray picks are: Einstein Noah Restaurant Group, Inc.

$10.17 BJ's Restaurants, Inc.

$26.78 Burger King Holdings, Inc.

$23.80 Buffalo Wild Wings

$46.61 The Cheesecake Factory, Inc.

$25.74 California Pizza Kitchen, Inc.

$16.37 Darden Restaurants, Inc.

$44.73 Brinker International, Inc.

$17.65 McDonald's Corporation

$74.32 Morton's Restaurant Group, Inc.

$4.62 McCormick & Schmick's Seafood Restaurant

$6.87 Peet's Coffee & Tea, Inc.

$35.05 PF Chang's China Bistro

$45.37 Panera Bread Company

$86.76 Red Robin Gourmet Burgers, Inc.

$18.87 Ruth's Hospitality Group, Inc.

$3.77 Starbucks Corporation

$25.53 Sonic Corporation

$7.63 Learn how to find the best

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