Food service may be slipping again | Bakemag.com | August 30, 2013 11:49
The RPI’s expectation index stood at 101.3 in July, down 0.6% from June and its lowest level in seven months. Operators participating in the survey said their sales outlook was down compared to previous months. Thirty-seven per cent said in July that they expect to have higher sales in six months vs. 46% in June.
Survey participants are also less optimistic about overall economic conditions. Twenty-three percent said they expect economic conditions to improve in six months, down from 30% who reported similarly in June. Eighteen percent of operators said they expect economic conditions to worsen in the next six months, up slightly from 16% last month.
The sluggishness of the food service category was reflected in comments made by Joe Sanderson Jr. on Aug. 26. Sanderson is chairman and chief executive officer of Sanderson Farms, Inc., Laurel, Miss., a chicken processor that supplies the food service category. While Mr. Sanderson’s company had a positive financial quarter, he said the upward swing in earnings was due to a menu shift from beef to chicken rather than improved food service conditions.
Food service may be slipping again | Bakemag.com | August 30, 2013 11:49
The RPI’s expectation index stood at 101.3 in July, down 0.6% from June and its lowest level in seven months. Operators participating in the survey said their sales outlook was down compared to previous months. Thirty-seven per cent said in July that they expect to have higher sales in six months vs. 46% in June.
Survey participants are also less optimistic about overall economic conditions. Twenty-three percent said they expect economic conditions to improve in six months, down from 30% who reported similarly in 
June. Eighteen percent of operators said they expect economic conditions to worsen in the next six months, up slightly from 16% last month.
The sluggishness of the food service category was reflected in comments made by Joe Sanderson Jr. on Aug. 26. Sanderson is chairman and chief executive officer of Sanderson Farms, Inc., Laurel, Miss., a chicken processor that supplies the food service category. While Mr. Sanderson’s company had a positive financial quarter, he said the upward swing in earnings was due to a menu shift from beef to chicken rather than improved food service conditions.