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Restaurants Canada Revises 2022 and 2023 Forecasts Higher, As Recovery Is Stronger Than Expected

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Citing better than expected results so far during 2022, Restaurants Canada has revised up its forecasts for restaurant sales growth in Canada for 2022 and 2023. First-quarter 2022 sales came in C$1.1 billion higher than previously forecast and total sales were only 4% shy of pre-pandemic levels. Monthly sales surpassed pre-pandemic number in March. Of…

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