July 2024 National Restaurant Sales Metrics

July 2024's national restaurant sales data is in!

Full Service and Fast Casual ended the month -1% down from July 2023's numbers. Both numbers saw strong sales over the 4th of July week and weekend, averaging a roughly +4% growth from last year's holiday.

Red peppers topped our Movers list with a 41% price increase across MarginEdge customers in July. Good ole' Iceberg lettuce topped our Droppers list at a -29% average price drop, followed by more lettuce and summer squashes.

The average food category costs as a percentage of sales increased for MarginEdge customers last month, with food costs averaging 30% of sales. 

Regionally, sales ended down across the nation with the South, West and Northeast seeing the largest bumps over the 4th weekend.

We'll see you in September!