Brand’s Q3 Transactions Record Tenth Consecutive Quarter of Growth
as Restaurants Achieve Twelve Percent Two-year SSS Growth
ATLANTA–(BUSINESS WIRE)–Arby’s, America’s leading Fast Crafted® restaurant brand with
more than 3,300 restaurants worldwide, announced U.S. System Same-Store
Sales (SSS) growth of 2.4 percent1 in the third
quarter of 2016. Arby’s U.S. System two-year SSS growth was 12.0
Arby’s U.S. SSS growth doubled the 1.2% achieved by a representative
sample of the larger Quick Serve Restaurant (QSR) chains2.
The growth represents 24 consecutive quarters of SSS increases, 15
consecutive quarters of industry outperformance, and 10
consecutive quarters of transaction growth.
As a result of Arby’s continued momentum, the Brand’s system-wide
Average Unit Volume (AUV) reached a new record of $1.1 million through
“The record Average Unit Volume among our system-wide restaurants is a
testament to the collective efforts we’ve made along with our
franchisees to continue to strengthen the Arby’s brand,” said Paul
Brown, Chief Executive Officer, Arby’s Restaurant Group, Inc. “Our
multi-year trend of continued transaction growth is also a sign of the
underlying strength of the Arby’s brand as we continue to attract new
guests to our restaurants.”
The Brand’s sales and unit volume achievements were backed by the
continued success of its Sliders platform. Since being introduced during
Q3 2015, Arby’s has sold more than 160 million Sliders through the end
of Q3 2016.
“Sliders have helped us provide value to our guests that is focused, not
just on price, but on a wide variety of high quality proteins,” added
Brown. “We expect the Sliders platform paired with high quality, premium
core menu items and innovative LTO’s to remain a significant component
of our menu strategy going forward.”
Additional highlights from the third quarter include:
Burgeoning Restaurant Development: The Brand opened 28 new
restaurants and remodeled 155 others system-wide in the first three
quarters of 2016.
Inaugural Sports Sponsorship: Dubbed by USA Today as
“what might be the most on-brand golf sponsorship deal ever,” Arby’s
became an official sponsor of PGA Tour player Andrew “Beef” Johnston.
Enduring Impact Award Recognition: The International Franchise
Association awarded Arby’s with the Enduring Impact Award for Arby’s
partnership with No Kid Hungry® to combat childhood hunger. Over the
past five years, Arby’s has raised more than $21 million to help end
this widespread issue impacting one in five American children.
Arby’s, founded in 1964, is the first
nationally franchised sandwich restaurant brand, with more than 3,300
restaurants worldwide. The Arby’s brand purpose is “Inspiring Smiles
Through Delicious Experiences®.” Arby’s restaurants feature
Fast Crafted® service, a unique blend of quick-serve speed
and value combined with the quality and made-for-you care of fast
casual. Arby’s Restaurant Group, Inc. is the parent company of the
franchisor of the Arby’s brand and is headquartered in Atlanta, Ga.
for more information.
With the current growth and momentum of the Brand, Arby’s is actively
seeking new franchisees. To learn more about available markets and
requirements, visit ArbysFranchising.com.
1 Source: Internal ARG data; includes estimates for
unreported franchises at time of release.
The NPD Group/SalesTrack® Weekly reports same-store sales collected
weekly from 45 of the larger Quick Service Restaurant chains during Q3
2016, ending October 2, 2016.
Christopher Fuller, 678-514-4143