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Arby's announces Q3 financial results

Arby's announced results for the third quarter of 2015. It achieved U.S. system same-store sales growth of 9.6 percent in the third quarter of 2015.

October 29, 2015

Arby's announced results for the third quarter of 2015. It achieved U.S. system same-store sales growth of 9.6 percent in the third quarter of 2015, outperforming a sample of the larger quick service restaurant chains by 7.4 percentage points, according to a company press release. Comparable two-year SSS are up 20 percent.

A majority of Arby's sales increase was attributed to traffic growth. This is Arby's 20th consecutive quarter of SSS growth and 11th consecutive quarter of QSR industry outperformance.

"Arby's momentum in 2015 is driven by our proven formula of product innovation, breakthrough marketing and 'make it right' service culture," said Paul Brown, CEO of Arby's Restaurant Group Inc. "I'm particularly pleased that the majority of our sales growth this quarter was driven by an increase in transactions, a key indicator of a vibrant and growing brand. We continue to see our long-time Arby's fans visit our restaurants more often in addition to new guests experiencing our deli-inspired delicious sandwiches for the first time."

Arby's said it remains on track toward its goal to surpass $4 billion in total system-wide sales by the end of 2018. Arby's has produced an 8.9 percent increase in U.S. system SSS through the first three quarters of 2015 compared to one year ago.