The Restaurant Performance Index rose +0.6% MoM to 99.9 in January 2026, remaining slightly below expansion threshold.

• The Current Situation Index increased +0.8% MoM to 99.1 but stayed below 100 for a seventh consecutive month, indicating ongoing contraction in operating conditions.

• Same store sales improved to 99.8 (Dec: 98.3) and 43% of operators reported higher YoY sales (Dec: 37%), though 45% still reported declines.

• Customer traffic rose to 98.1 (Dec: 96.8), yet 55% of operators continued to report YoY traffic declines, marking a twelfth straight month of net decreases.

• The Expectations Index rose +0.4% MoM to 100.6, moving into expansion territory driven by improved outlook for future sales.

• Thirty two percent of operators expect higher sales in six months while only 12% expect declines, indicating moderately improved sentiment.

• Capital spending remained steady with 50% reporting recent expenditures and 53% planning spending in the next six months, showing continued investment activity.

• Operators remained cautious on the broader economy as only 20% expect improvement while 25% expect worsening conditions and 55% expect no change.