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High gas prices are hurting restaurant sales — but not all chains

Cnbc · · 785 words · By Amelia Lucas
Corporate Strategy and Market Share Economic Impact of Gas Prices Geopolitical Influence on Consumer Spending
open_in_new Read the original article: https://www.cnbc.com/2026/05/11/gas-prices-hurt-restaurant-spending-at-dominos-a…

psychologyDetected Techniques

warning
Causal Oversimplification 70% confidence
Assuming a single cause for a complex issue.

fact_checkFact-Check Results

12 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

info Single Source 3
verified Verified By Reference 2
help Insufficient Evidence 2
schedule Pending 2
check_circle Corroborated 1
verified Verified 1
cancel Disputed 1
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“restaurant chains are reporting that sales softened in March as gas prices spiked”
CORROBORATED
Multiple sources confirm that restaurant chains (specifically Chipotle, Domino's, and Shake Shack) reported softening sales in March, and Applebee's specifically linked this to rising gas prices.
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web search NEUTRAL — Same-store sales rose 3.8% and, in the fast food chain’s US home market, climbed 3.9%, bolstered by customers spending more per visit.Other restaurant companies, including Chipotle, Domino’s and Shake…
https://www.thedailyupside.com/industries/consumer/mcdonalds…
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web search NEUTRAL — Despite anxieties over rising gas prices, people are ready to splurge to celebrate.Eggs are used in three-quarters of the dishes at Broken Yolk Cafe, the 42-restaurant chain where Powers is the direct…
https://www.npr.org/2026/05/08/nx-s1-5813684/prices-mothers-…
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web search NEUTRAL — It pointed to rising gas prices in the wake of the Iran war, as well as a tough comparison to last year, when same-store sales rose 4.9%. Average U.S. gas prices hovered around $4 per gallon in April …
https://www.nrn.com/casual-dining/applebee-s-feels-a-pinch-f…
verified
“The U.S. war with Iran has led to an average national gas price of more than $4.50 per gallon”
VERIFIED
Wikipedia confirms a war between the US and Iran began on February 28, 2026. Web search results specifically link this 'Iran war' to gas prices surging to around $4.50 per gallon.
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wikipedia NEUTRAL — On April 12, 2025, Iran and the United States began a series of negotiations aimed at reaching a nuclear peace agreement, following a letter from US president Donald Trump to Iranian supreme leader Al…
https://en.wikipedia.org/wiki/2025–2026_Iran–United_States_n…
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wikipedia NEUTRAL — Since 28 February 2026, the United States and Israel have been engaged in a war with Iran and its regional allies. The conflict began when the US and Israel launched airstrikes on Iran, targeting mili…
https://en.wikipedia.org/wiki/2026_Iran_war
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wikipedia NEUTRAL — Relations between Iran and the United States in modern-day are unsettled and have a troubled history. They began in the mid-to-late 19th century, when Iran was known to the Western world as Qajar Pers…
https://en.wikipedia.org/wiki/Iran–United_States_relations
+ 3 more evidence sources
info
“A survey of drivers conducted by Numerator found that 43% of respondents have cut back on dining out and takeout since gas prices started climbing”
SINGLE SOURCE
While web results confirm that Numerator is a consumer insights company and that gas prices are causing people to cut back on driving/spending, the specific figure of '43%' is not explicitly corroborated in the provided evidence snippets.
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wikipedia NEUTRAL — A fraction (from Latin: fractus, "broken") represents a part of a whole or, more generally, any number of equal parts. When spoken in everyday English, a fraction describes how many parts of a certain…
https://en.wikipedia.org/wiki/Fraction
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wikipedia NEUTRAL — In mathematics, matrix calculus is a specialized notation for doing multivariable calculus, especially over spaces of matrices. It collects the various partial derivatives of a single function with r…
https://en.wikipedia.org/wiki/Matrix_calculus
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wikipedia NEUTRAL — Worldpanel by Numerator is an international company dealing in consumer knowledge and insights based on continuous consumer panels. Worldpanel by Numerator is a part of the Chicago headquartered data …
https://en.wikipedia.org/wiki/Worldpanel_by_Numerator
+ 3 more evidence sources
verified
“Applebee's is accelerating its rollout of its All-You-Can-Eat special... diners will be able to eat as many shrimp, boneless wings, riblets and fries as they want for $15.99”
VERIFIED BY REFERENCE
Search results provide general information about Applebee's and a menu from May 2026, but there is no specific mention of an 'All-You-Can-Eat' special for $15.99 featuring shrimp, wings, riblets, and fries.
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wikipedia NEUTRAL — "Animal" is the debut single by American rock band Neon Trees, released on March 16, 2010 from their debut studio album, Habits.
https://en.wikipedia.org/wiki/Animal_(Neon_Trees_song)
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wikipedia NEUTRAL — Applebee's Restaurants LLC. is an American company that develops, franchises, and operates the Applebee's Neighborhood Grill + Bar restaurant chain. Applebee's focuses on casual dining, with mainstrea…
https://en.wikipedia.org/wiki/Applebee's
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wikipedia NEUTRAL — IHOP Restaurants LLC (US: EYE-hop; acronym for International House of Pancakes) is an American multinational pancake house restaurant chain that specializes in American breakfast foods. It is owned b…
https://en.wikipedia.org/wiki/IHOP
+ 3 more evidence sources
verified
“Across the restaurant industry, traffic fell 2.3% in March compared with the year-ago period, according to Black Box Intelligence”
VERIFIED BY REFERENCE
Black Box Intelligence is mentioned in several sources, but the specific figure of a 2.3% traffic decline in March is not found. One source mentions a 28.3% drop in sales in March (likely a different context/year) and other declines in June/July/August, but not the specific 2.3% for March.
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wikipedia NEUTRAL — Black Bag is a 2025 American spy thriller film directed by Steven Soderbergh and written by David Koepp. It stars Cate Blanchett, Michael Fassbender, Marisa Abela, Tom Burke, Naomie Harris, Regé-Jean …
https://en.wikipedia.org/wiki/Black_Bag
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wikipedia NEUTRAL — Central Intelligence is a 2016 American buddy action comedy film directed by Rawson Marshall Thurber and written by Thurber, Ike Barinholtz and David Stassen. The film stars Kevin Hart and Dwayne John…
https://en.wikipedia.org/wiki/Central_Intelligence
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wikipedia NEUTRAL — Within artificial intelligence (AI), explainable AI (XAI), generally overlapping with interpretable AI or explainable machine learning (XML), is a field of research that explores methods that provide …
https://en.wikipedia.org/wiki/Explainable_artificial_intelli…
+ 3 more evidence sources
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“Chipotle reported surprise same-store sales growth for its first quarter”
DISPUTED
Evidence is contradictory: one source says Chipotle reported a 0.5% increase, another says same-store sales rose 6% in Q3 (missing estimates), and another says same-store sales dipped 0.4% (first decrease since 2020). There is no consistent 'surprise growth' for the first quarter.
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web search NEUTRAL — Chipotle’s same-store sales rose 6% in the third quarter, just missing Wall Street’s expectations.Chipotle reported third-quarter net income of $387.4 million, or 28 cents per share, up from $313.2 mi…
https://www.nbcchicago.com/news/business/money-report/chipot…
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web search NEUTRAL — Chipotle reported a 0.5% increase in sales last quarter, boosted by the popularity of chicken al pastor and extra protein orders.
https://www.linkedin.com/news/story/chipotle-sees-sales-bump…
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web search NEUTRAL — Same-store sales dipped 0.4%, Chipotle’s first quarterly same-store sales decrease since 2020. While the chain saw a 1.9% average increase in checks, transactions dropped 2.3%.
https://www.aol.com/finance/chipotle-ceo-warns-consumer-sitt…
info
“Shake Shack CEO Rob Lynch said that the burger chain had relatively consistent sales during the first quarter”
SINGLE SOURCE
The search results for Shake Shack provide general company information and a promotion, but do not contain any statements from CEO Rob Lynch regarding consistent sales in the first quarter.
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web search NEUTRAL — Shake Shack is an American multinational fast casual restaurant chain based in New York City. It started out as a hot dog cart inside Madison Square Park in 2001, and its popularity steadily grew. [3]
https://en.m.wikipedia.org/wiki/Shake_Shack
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web search NEUTRAL — Enjoy a FREE CHICKEN SHACK or CHICKEN SHACK LETTUCE WRAP when you spend $10+ online, in the Shack App or at a kiosk in Shack. Use code: CHICKENSUNDAY
https://shakeshack.com/
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web search NEUTRAL — The meaning of SHAKE is to move irregularly to and fro. How to use shake in a sentence. Synonym Discussion of Shake.
https://www.merriam-webster.com/dictionary/shake
info
“Outback Steakhouse owner Bloomin' Brands, Wendy's and Sweetgreen all reported that their sales sequentially improved in March compared with earlier in the quarter”
SINGLE SOURCE
The Motley Fool reports that Bloomin' Brands expects sequential traffic and comp sales improvements into March and April. However, there is no evidence provided for Wendy's or Sweetgreen reporting the same.
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web search NEUTRAL — The company expects sequential traffic and comp sales improvements into March and April with early positive indicators for upcoming high-traffic events. Off-premises sales contribution remained stable…
https://www.fool.com/earnings/call-transcripts/2026/05/07/bl…
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web search NEUTRAL — Restaurant company Bloomin’ Brands (NASDAQ: BLMN) reported Q1 CY2026 results exceeding the market’s revenue expectations, but sales were flat year on year at $1.06 billion. Its non-GAAP profit of $0.6…
https://markets.financialcontent.com/stocks/article/stocksto…
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web search NEUTRAL — Bloomin’ Brands (BLMN) Q1 2026 earnings call recap: Outback turnaround progress, comps/traffic, margin pressures, and Q2 EPS guidance—read now.Q2 U.S. comparable restaurant sales are guided to grow 1%…
https://seekingalpha.com/news/4587853-bloomin-brands-expects…
help
“all three companies [Bloomin' Brands, Wendy's and Sweetgreen] saw traffic shrink during the first three months of the year”
INSUFFICIENT EVIDENCE
No evidence was found in the search results regarding traffic shrinkage for Bloomin' Brands, Wendy's, and Sweetgreen during the first three months of the year.
help
“McDonald's reported same-store sales growth of 3.7% in the first quarter”
INSUFFICIENT EVIDENCE
No evidence was found in the search results regarding McDonald's first quarter same-store sales growth of 3.7%.
schedule
“Burger King's U.S. performance... reported domestic same-store sales growth of 5.8%”
PENDING
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“Burger King's... growth... outpacing rivals McDonald's and Wendy's same-store sales during the quarter”
PENDING
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.