STEAK CUTS ON RESTAURANT MENUS...• Filet, Tenderloin and Ribeye formats gain ground in 2017 ......
Transcript of STEAK CUTS ON RESTAURANT MENUS...• Filet, Tenderloin and Ribeye formats gain ground in 2017 ......
STEAK CUTS ON RESTAURANT MENUS
Prepared by TechnomicApril 2018
Key Takeaways & Background
COP Steak Offeringsby FSR Segment
Prevalence of Cuts Portion Sizes by Cut Menu Examples Additional Cut/Prep Descriptors
Beyond COP Steak by FSR Segment, with LSR overall
Top Formats Cut Keywords
Appendix Additional Steak Portion Descriptors Steak Offerings Without Cut Callouts Portion Sizes by Cut – Alternate Views Operator Base Segment Descriptions
CONTENTS
Cuts Analyzed
Filet/TenderloinFlank
Porterhouse/T-BoneRibeyeSirloinSkirt
Strip/Top LoinFlat IronHanger
MedallionsTri-Tip
CoulotteDenverRanch
Ribeye CapChuck Eye
KEY TAKEAWAYS
3
Steak menuing remains robust across FSR despite continued menu simplification Steak remains a cornerstone for operator menus Higher-end, traditional cut menuing is particularly robust
Steak entrées are evolving beyond traditional COP whole-cut plating On-trend examples highlight operator creativity, flexible cut utilization and sharable presentations
Steak cut portion size varies by cut, bone-state and restaurant segment, with Traditional CDR most typically calling out cut size
© 2018 Technomic Inc.
4
RESTAURANT OPERATORS CONTINUE TO SIMPLIFY MENUS ACROSS ALL ENTRÉE TYPES
© 2018 Technomic Inc.
*For the subsequent data in this report, the Contemporary and Upscale Casual Dining subsegments are combined to create the Polished Casual Dining segmentSource: Technomic Menu Monitor, February, 2018
Q4'15 Q4'16 Q4'1743,662 41,900 38,398 -12.1%
9,293 8,990 8,555 -7.9%28,076 26,874 24,698 -12.0%18,402 17,640 16,353 -11.1%
6,586 6,302 5,829 -11.5%3,088 2,932 2,516 -18.5%6,293 6,036 5,145 -18.2%
IncidenceNumber of Menu Mentions
Entrees Overall'15-'17 % Change
Full ServiceMidscaleCasual Dining
TraditionalContemporary*Upscale*
Fine Dining
5
BEEF VOLUME AT FOODSERVICE REBOUNDED SHARPLY IN 2017
109
70
35
10
1
-4
Ground Beef
Roasts
Ribs
Pre-Cut Steaks
Pre-Cooked Roast Beef
Other Beef
Pounds Change 17 v. 16:221 Million Lbs.
At the operator purchase, or distributor sales level.Source: 2017 Beef at Foodservice Volumetric Study, Technomic, Inc.
Pounds ChangeIn M Lbs.
8,072
7,920
7,737
7,816
8,037
2013 2014 2015 2016 2017
-1.9%-152
-2.3%-183
+1.0%-79
+2.8%+221
THE IMPORTANCE OF STEAK ON THE MENU: OPERATORS SAY STEAK…
Source: 2017 Beef at Foodservice Volumetric Study, Technomic, Inc.
• Drives check average (new)53%
• Increases traffic (+11)45%
• Can make a successful LTO (+15)45%
• Brings in bigger parties (+13)38%
• Eliminates the “veto vote” (+10)28%
6
COP STEAK OFFERINGS
8
COP STEAK CUTS:ALL FULL-SERVICE
© 2018 Technomic Inc.
1,676
1,479
1,207
1,065
514
356
288
170
98
74
67
2,264
+4%
+3%
-2%
-1%
+1%
-1%
-4%
+1%
-2%
-3%
–
-1%
Filet/Tenderloin
Ribeye
Sirloin
Strip/Top Loin
Porterhouse/T-Bone
Skirt
Prime Rib
Flat Iron
Medallions
Hanger
Flank
Other/Unspec.
8.8%
9.1%
6.6%
6.2%
3.4%
2.1%
1.7%
1.1%
0.7%
0.5%
0.4%
11.5%
+0.3 pt
+0.2 pt
-0.1 pt
-0.2 pt
–
–
–
–
–
–
–
-0.2 pt
Q4’16 Q4’17 (labeled) + YOY Change
Menu Items Operator Penetration
• Operator Base: 12,982 full-service chain and independent menus tracked Q4’16 – Q4’17
• Source: Technomic Syndicated Data
• Filet, Tenderloin and Ribeye formats gain ground in 2017
• Sirloin shows modest decline
9
DISTRIBUTION OF PORTION SIZES: ALL FULL SERVICE
© 2018 Technomic Inc.Operator Base: 12,982 full-service chain and independent menus tracked Q4-16 through Q4-17 Source: Technomic Syndicated Data
Percentages indicate share among total number of size options
Oz. Filet/Tender. Ribeye Strip/Top Loin Sirloin Porter./T-Bone Prime Rib Flat Iron
4-5
6-7
8-9
10
12
14
16
>16<Size Options 862 797 637 559 225 181 69
Share of Items Specifying Size 62% (428) 66% (377) 68% (369) 66% (327) 54% (96) 67% (127) 37% (49)
4%
22%
48%
11%
5%
3%
4%
3%
1%
7%
12%
30%
15%
17%
18%
3%
7%
14%
33%
20%
13%
10%
1%
4%
15%
4%
22%
53%
1%
15%
14%
29%
11%
20%
9%
1%
14%
54%
26%
4%
2%
18%
38%
17%
14%
5%
4%
1%
Size Options: This is the total number of size options, the base for charted percentages on this slide. This is a different metric from the menu items shown in the previous slide as not all items may specify a size, and those that do may have multiple size options.Share of Items Specifying Size: This is the percentage of menu items that specify portion size. The base of this percentage, shown adjacent, differs from that in previous slide as it considers only items at national/regional chains and high-volume independent operators.
10
ADDITIONAL STEAK DESCRIPTORS
© 2018 Technomic Inc.
All Full-Service rollup 298
280
271
265
123
117
111
102
76
54
43
32
27
22
7
6
6
–
+2%
-1%
+3%
+2%
–
-1%
-9%
–
-2%
+10%
-9%
-10%
-4%
–
-14%
+100%
Hamburger Steak
Center Cut
Bistec
Chopped Steak
London Broil
Cowboy (Ribeye) Steak
Steak Tips (excl' Tri-Tip)
Grilled Steak
Shell Steak
Breaded Steak
Delmonico
Kansas City (Strip)
Bistro Steak
Romanian Steak
Butcher's Cut
Butt Steak
Bavette
Q4’16 Q4’17 (labeled) + YOY Change
Menu Items
• Operator Base: 12,982 full-service chain and independent menus tracked Q4’16 – Q4’17
• Source: Technomic Syndicated Data
• Center-Cut, London Broil descriptors show modest gains
• Delmonico callouts rose 10% on steak menus
11
COP STEAK CUTS:MIDSCALE
© 2018 Technomic Inc.
Q4’16 Q4’17 (labeled) + YOY Change
Menu Items Operator Penetration
281
135
118
82
50
39
31
14
11
9
6
491
-2%
+5%
-3%
+3%
+2%
+5%
-3%
+8%
+10%
+13%
+20%
-2%
Sirloin
Ribeye
Strip/Top Loin
Porterhouse/T-Bone
Filet/Tenderloin
Skirt
Prime Rib
Flat Iron
Tri-Tip
Flank
Hanger
Other/Unspec.
13.1%
8.1%
6.7%
4.8%
2.8%
2.1%
1.8%
0.9%
0.5%
0.5%
0.4%
21.1%
–
+0.3 pt
-0.2 pt
+0.1 pt
+0.1 pt
+0.1 pt
+0.1 pt
+0.1 pt
+0.1 pt
–
+0.1 pt
-0.2 pt
• Operator Base: 1,514 midscale chain and independent menus tracked Q4’16 – Q4’17
• Source: Technomic Syndicated Data
• Sirloin is the most commonly called out steak cut across Midscale operators
• Steak cut callouts gain ground across the board
12
DISTRIBUTION OF PORTION SIZES: MIDSCALE
© 2018 Technomic Inc.Operator Base: 1,514 midscale chain and independent menus tracked Q4-16 through Q4-17 Source: Technomic Syndicated Data
Oz. Sirloin Ribeye Strip/Top Loin Porter./T-Bone Filet/Tenderloin Prime Rib Flat Iron
4-5
6-7
8-9
10
12
14
16
>16<Size Options 75 56 43 35 17 14 6
Share of Items Specifying Size 63% (43) 75% (20) 67% (24) 56% (9) 44% (9) 64% (14) 33% (6)
3%
17%
49%
7%
7%
5%
8%
4%
7%
20%
25%
25%
13%
7%
4%
12%
21%
16%
33%
5%
7%
7%
9%
14%
9%
37%
31%
24%
41%
24%
6%
6%
29%
21%
21%
14%
7%
7%
17%
83%
Percentages indicate share among total number of size options
Size Options: This is the total number of size options, the base for charted percentages on this slide. This is a different metric from the menu items shown in the previous slide as not all items may specify a size, and those that do may have multiple size options.Share of Items Specifying Size: This is the percentage of menu items that specify portion size. The base of this percentage, shown adjacent, differs from that in previous slide as it considers only items at national/regional chains and high-volume independent operators.
13
ADDITIONAL STEAK DESCRIPTORS
© 2018 Technomic Inc.
Midscale 125
98
76
29
15
14
7
4
4
2
-1%
–
–
-3%
+7%
-7%
-13%
–
–
-33%
Chopped Steak
Hamburger Steak
London Broil
Steak Tips (excl' Tri-Tip)
Shell Steak
Romanian Steak
Cowboy (Ribeye) Steak
Center Cut
Bistec
Grilled Steak
Q4’16 Q4’17 (labeled) + YOY Change
Menu Items
• Operator Base: 1,514 midscale chain and independent menus tracked Q4’16 – Q4’17
• Source: Technomic Syndicated Data
• Mentions of Shell Steak on the rise on midscale menus.
Royalberry Waffle House
Filet Medallions10 oz. of our tender filet mignon topped with sauteed mushrooms and your choice of potato.
Served with a bowl of soup or house salad.
Village Inn
Sirloin Steak-Tip HashHearty, marinated USDA choice steak tips with
Yukon gold potatoes, seasonal grilled vegetables and caramelized onions. All-day breakfast hashes served with two fresh eggs,
any-style and your choice of toast
Perko’s Farm Fresh
“Big” Smothered Steak10oz. choice ranch steak topped with
mushrooms, onions, and jack cheese. served with cornbread or garlic bread and your
choice of two sides
14
EXAMPLES AT MIDSCALE
© 2018 Technomic Inc.Images sourced from web searches
15
COP STEAK CUTSTRAD. CASUAL
© 2018 Technomic Inc.
Q4’16 Q4’17 (labeled) + YOY Change
Menu Items Operator Penetration
785
717
645
495
265
215
127
90
41
39
30
1,419
+3%
+4%
-2%
-3%
-2%
-2%
+2%
+2%
-9%
+8%
-3%
-1%
Ribeye
Filet/Tenderloin
Sirloin
Strip/Top Loin
Porterhouse/T-Bone
Skirt
Prime Rib
Flat Iron
Flank
Medallions
Hanger
Other/Unspec.
6.9%
5.7%
4.8%
4.4%
2.5%
1.7%
1.1%
0.8%
0.4%
0.4%
0.3%
9.8%
+0.1 pt
+0.1 pt
-0.1 pt
-0.1 pt
–
–
–
–
–
–
–
-0.1 pt
• Operator Base: 9,380 trad. casual chain and independent menus tracked Q4’16 – Q4’17
• Source: Technomic Syndicated Data
• Ribeye leads at Traditional Casual concepts
• Prime Rib and Flat Iron callouts gain ground
• Sirloin declines
16
DISTRIBUTION OF PORTION SIZES: TRADITIONAL CASUAL
© 2018 Technomic Inc.Operator Base: 9,380 trad. casual chain and independent menus tracked Q4-16 through Q4-17 Source: Technomic Syndicated Data
Oz. Ribeye Filet/Tenderloin Sirloin Strip/Top Loin Porter./T-Bone Prime Rib Flat Iron
4-5
6-7
8-9
10
12
14
16
>16<Size Options 398 357 347 295 122 96 38
Share of Items Specifying Size 65% (137) 73% (101) 71% (192) 74% (100) 73% (30) 83% (41) 47% (15)
2%
8%
16%
35%
15%
15%
9%
4%
23%
53%
10%
3%
1%
2%
5%
3%
20%
38%
17%
14%
4%
3%
1%
2%
7%
20%
40%
18%
6%
6%
2%
6%
20%
4%
20%
47%
1%
21%
13%
33%
10%
16%
6%
3%
16%
55%
26%
Percentages indicate share among total number of size options
Size Options: This is the total number of size options, the base for charted percentages on this slide. This is a different metric from the menu items shown in the previous slide as not all items may specify a size, and those that do may have multiple size options.Share of Items Specifying Size: This is the percentage of menu items that specify portion size. The base of this percentage, shown adjacent, differs from that in previous slide as it considers only items at national/regional chains and high-volume independent operators.
17
ADDITIONAL STEAK DESCRIPTORS
© 2018 Technomic Inc.
Traditional Casual 241
147
137
110
105
84
61
51
50
30
-1%
+1%
-1%
+5%
-4%
-10%
+3%
-4%
-2%
+3%
Bistec
Hamburger Steak
Center Cut
Chopped Steak
Shell Steak
Grilled Steak
Steak Tips (excl' Tri-Tip)
Cowboy (Ribeye) Steak
Breaded Steak
London Broil
Q4’16 Q4’17 (labeled) + YOY Change
Menu Items
• Operator Base: 9,380 trad. casual chain and independent menus tracked Q4’16 – Q4’17
• Source: Technomic Syndicated Data
• Grilled steak mentions down notably in last year.
18
EXAMPLES AT TRADITIONAL CASUAL
© 2018 Technomic Inc.
Thirsty Lion Pub & Grill
Filet MignonPepper bacon wrapped, grilled with roasted garlic herb butter. All steaks are served with white cheddar mashed potatoes and grilled asparagus. Also available on the gluten free
menu. Thirsty Lion signature item
Ninety Nine Restaurants
Prime RibTender prime rib crusted with a blend of
seasonings and slow-roasted for hours. Sliced to order and served in its natural juices with a side of creamy horseradish sauce. Served with choice of two sides: Bistro Salad, potato or
vegetable.
Tupelo Honey Cafe
Herb-Crusted Flat Iron SteakHoney roasted brussels sprouts, hominy,
fingerling potatoes, pickled pepper butter sauce
Images sourced from web searches
19
COP STEAK CUTSPOLISHED CASUAL
© 2018 Technomic Inc.
Q4’16 Q4’17 (labeled) + YOY Change
Menu Items Operator Penetration
522
312
240
197
81
81
73
44
41
20
11
240
+3%
–
–
-5%
-15%
–
–
–
-15%
+5%
+22%
-5%
Filet/Tenderloin
Ribeye
Strip/Top Loin
Sirloin
Prime Rib
Skirt
Porterhouse/T-Bone
Flat Iron
Medallions
Hanger
Flank
Other/Unspec.
21.2%
16.4%
10.6%
9.4%
4.0%
4.0%
3.6%
2.4%
2.1%
1.2%
0.6%
10.8%
+0.5 pt
+0.1 pt
-0.4 pt
-0.1 pt
-0.4 pt
-0.1 pt
–
-0.1 pt
-0.5 pt
+0.1 pt
+0.1 pt
-0.6 pt
• Operator Base: 1,589 polished casual chain and independent menus tracked Q4’16 – Q4’17Polished Casual represents rollup of Technomic’s Contemporary and Upscale Casuals
• Source: Technomic Syndicated Data
• Filet the top steak callout across the Polished Casual channel
• Sirloin and Prime Rib decline
20
DISTRIBUTION OF PORTION SIZES: POLISHED CASUAL
© 2018 Technomic Inc.Operator Base: 1,589 polished casual chain and independent menus tracked Q4-16 through Q4-17 Source: Technomic Syndicated Data
Oz. Filet/Tenderloin Ribeye Strip/Top Loin Sirloin Prime Rib Porter./T-Bone Flat Iron
4-5
6-7
8-9
10
12
14
16
>16<Size Options 272 186 150 99 44 29 17
Share of Items Specifying Size 61% (153) 68% (103) 67% (91) 60% (63) 56% (43) 53% (17) 29% (17)
4%
24%
45%
13%
3%
4%
6%
1%
1%
2%
5%
31%
19%
19%
24%
3%
5%
9%
34%
19%
21%
9%
13%
35%
23%
16%
6%
6%
2%
5%
16%
30%
16%
18%
14%
31%
69%
6%
53%
35%
6%
Percentages indicate share among total number of size options
Size Options: This is the total number of size options, the base for charted percentages on this slide. This is a different metric from the menu items shown in the previous slide as not all items may specify a size, and those that do may have multiple size options.Share of Items Specifying Size: This is the percentage of menu items that specify portion size. The base of this percentage, shown adjacent, differs from that in previous slide as it considers only items at national/regional chains and high-volume independent operators.
21
ADDITIONAL STEAK DESCRIPTORS
© 2018 Technomic Inc.
Polished Casual 95
30
25
24
18
16
16
14
12
12
12
+9%
–
–
-4%
+13%
-11%
–
-26%
+9%
–
-8%
Center Cut
Hamburger Steak
Cowboy (Ribeye) Steak
Bistec
Chopped Steak
Steak Tips (excl' Tri-Tip)
Grilled Steak
Shell Steak
London Broil
Delmonico
Kansas City (Strip)
Q4’16 Q4’17 (labeled) + YOY Change
Menu Items
• Operator Base: 1,589 polished casual chain and independent menus tracked Q4’16 – Q4’17
• Source: Technomic Syndicated Data
• “Center Cut”, already relatively prevalent as a descriptor, continues to grow.
22
EXAMPLES AT POLISHED CASUAL
© 2018 Technomic Inc.
Eddie Merlot’s
Steak Au Poivre for TwoTwo – 8 oz. NY Strip steaks, peppercorn
crusted, brandy, cream. Includes choice of two Classic side dishes. Signature sides may be
substituted for an additional charge
Lazy Dog Restaurant & Bar
Grilled SteakCertified angus beef flat iron, bleu cheese crumbles, pickled red onions, roasted red
peppers, blistered heirloom tomatoes, radish, balsamic bleu vinaigrette
Maggiano’s Little Italy
Filet Mignon and Asparagus Risotto
Shiitake mushrooms, garlic, red wine steak jus
Images sourced from web searches
23
COP STEAK CUTSFINE DINING
© 2018 Technomic Inc.
Q4’16 Q4’17 (labeled) + YOY Change
Menu Items Operator Penetration
387
247
212
94
84
49
22
21
18
16
6
114
+5%
+9%
–
+6%
+4%
-2%
-8%
-13%
-14%
+14%
+20%
-5%
Filet/Tenderloin
Ribeye
Strip/Top Loin
Porterhouse/T-Bone
Sirloin
Prime Rib
Flat Iron
Skirt
Hanger
Medallions
Flank
Other/Unspec
46.7%
30.9%
25.1%
15.8%
13.0%
6.8%
3.8%
4.0%
3.6%
3.0%
1.0%
15.8%
+2.4 pt
+1.8 pt
-1.2 pt
+0.6 pt
–
-0.6 pt
-0.2 pt
-0.6 pt
-0.6 pt
+0.4 pt
–
-1.2 pt
• Operator Base: 499 fine dining chain and independent menus tracked Q4’16 – Q4’17
• Source: Technomic Syndicated Data
• Filet the top menued steak cut on Fine-Dining menus
• All top formats gain ground, including sirloin
24
DISTRIBUTION OF PORTION SIZES: FINE DINING
© 2018 Technomic Inc.Operator Base: 499 fine dining chain and independent menus tracked Q4-16 through Q4-17 Source: Technomic Syndicated Data
Oz. Filet/Tenderloin Ribeye Strip/Top Loin Porter./T-Bone Sirloin Prime Rib Flat Iron
4-5
6-7
8-9
10
12
14
16
>16<Size Options 216 157 149 39 38 27 8
Share of Items Specifying Size 57% (167) 62% (117) 65% (154) 40% (40) 48% (29) 62% (29) 36% (11)
2%
15%
46%
12%
12%
5%
6%
2%
1%
6%
4%
17%
11%
23%
38%
2%
1%
5%
6%
19%
28%
21%
17%
10%
3%
5%
82%
21%
16%
24%
24%
13%
3%
7%
11%
19%
4%
44%
15%
25%
25%
25%
25%
Size Options: This is the total number of size options, the base for charted percentages on this slide. This is a different metric from the menu items shown in the previous slide as not all items may specify a size, and those that do may have multiple size options.Share of Items Specifying Size: This is the percentage of menu items that specify portion size. The base of this percentage, shown adjacent, differs from that in previous slide as it considers only items at national/regional chains and high-volume independent operators.
Percentages indicate share among total number of size options
25
ADDITIONAL STEAK DESCRIPTORS
© 2018 Technomic Inc.
Fine Dining44
34
23
12
12
8
5
5
-4%
+10%
–
+20%
+33%
–
–
–
Center Cut
Cowboy (Ribeye) Steak
Hamburger Steak
Chopped Steak
Delmonico
Kansas City (Strip)
London Broil
Steak Tips (excl' Tri-Tip)
Q4’16 Q4’17 (labeled) + YOY Change
Menu Items
• Operator Base: 499 fine dining chain and independent menus tracked Q4’16 – Q4’17
• Source: Technomic Syndicated Data
26
EXAMPLES AT FINE DINING
© 2018 Technomic Inc.
Fleming's Prime Steakhouse
Prime Tomahawk Ribeye35 oz. served with merlot salt and cabernet
butter. Second Course option on the a summer of love prix fixe menu
The Capital Grille
Sliced Filet MignonWith cipollini onions, wild mushrooms and fig essence
Ai Fiori
Fiorentina36 oz dry aged porterhouse steak bordelaise,
bearnaise. with choice of two contorni. available on four course dinner prix fixe menu
Images sourced from web searches
ADDITIONAL STEAK-FOCUSED OFFERINGS BEYOND COP STEAK
28
TOP STEAK-FOCUSED OFFERINGS BEYOND COP STEAK
© 2018 Technomic Inc.
Midscale Traditional Casual Polished Casual Fine DiningLimited-Service
Steak-focused offerings defined as offerings with “Steak” in its name Excludes “cheesesteak” Operator Base: 22,272 full and limited service chain and independent menus tracked Q4-16 through Q4-17 Source: Technomic Syndicated Data
2,239
582
481
438
225
94
86
83
83
-1%
-1%
-3%
–
-3%
-2%
-3%
-2%
+4%
Sandwich
Pizza
Mexican
Other Beef Dish
Entrée Salad
Burgers
Mixed Grill
Side Salad
Quesadilla
(Horizontal Scales Differ Between Charts) Q4’16 Q4’17 (labeled) + YOY Change
85
70
34
33
27
14
13
12
12
+2%
-3%
-6%
+14%
-7%
–
+8%
–
–
Other Beef Dish
Sandwich
Steak App.
Entrée Salad
Mixed Grill
Side Salad
Mexican
Combo Plates
Rice Dish
715
380
95
71
67
52
48
25
24
–
+1%
–
+3%
+2%
-7%
+2%
–
+4%
Other Beef Dish
Sandwich
Mexican
Entrée Salad
Combo Plates
Mixed Grill
Egg Dish
Burgers
Side Salad
1,292
910
884
272
202
169
144
79
78
–
-1%
+1%
-3%
-1%
-3%
+1%
-4%
-7%
Sandwich
Other Beef Dish
Mexican
Entrée Salad
Mixed Grill
Pizza
Side Salad
Burgers
Combo Plates
202
179
115
68
51
48
32
32
18
+2%
+4%
-1%
+13%
+4%
–
+3%
+3%
–
Other Beef Dish
Sandwich
Entrée Salad
Mexican
Steak App.
Mixed Grill
Side Salad
Burgers
Combo Plates
Menu items and YOY change shown
29
CUT LABELS IN STEAK-FOCUSED OFFERINGS BEYOND COP STEAK
© 2018 Technomic Inc.
Midscale Traditional Casual Polished Casual Fine DiningLimited-Service
178
162
48
44
29
16
8
6
6
4
–
-2%
+12%
-2%
-3%
–
+14%
+50%
+20%
-33%
Sirloin
Ribeye
Skirt
Strip/Top
Filet/Tender.
Tri-Tip
Flank
Hanger
Porter./T-Bone
Ranch
(Horizontal Scales Differ Between Charts) Q4’16 Q4’17 (labeled) + YOY Change
42
36
26
25
9
6
4
2
1
+2%
-3%
-4%
-4%
-10%
-14%
-20%
–
–
-100%
Sirloin
Filet/Tender.
Ribeye
Strip/Top
Flat Iron
Hanger
Skirt
Prime Rib
Ranch
Flank
162
80
67
50
24
10
9
7
6
6
+3%
–
-2%
-4%
-4%
+25%
-25%
–
–
–
Sirloin
Strip/Top
Ribeye
Skirt
Filet/Tender.
Porter./T-Bone
Flat Iron
Tri-Tip
Flank
Hanger
343
212
196
192
113
44
35
26
25
21
-3%
+1%
-2%
-3%
-2%
+7%
-3%
-7%
–
–
Sirloin
Ribeye
Skirt
Strip/Top
Filet/Tender.
Hanger
Flat Iron
Flank
Porter./T-Bone
Prime Rib
72
55
55
51
34
25
12
11
9
2
-3%
+8%
-4%
+4%
+10%
+9%
–
+10%
-10%
-33%
Sirloin
Skirt
Strip/Top
Filet/Tender.
Ribeye
Hanger
Flat Iron
Flank
Medallions
Prime Rib
Menu items featuring cut and YOY change shown; Vast majority of offerings do not specify a cut
Steak-focused offerings defined as offerings with “Steak” in its name Excludes “cheesesteak” Operator Base: 22,272 full and limited service chain and independent menus tracked Q4-16 through Q4-17 Source: Technomic Syndicated Data
APPENDIX
31
ADDITIONAL PORTION SIZE DESCRIPTORS
© 2018 Technomic Inc.Operator Base: 12,982 full-service chain and independent menus tracked Q4-16 through Q4-17 Source: Technomic Syndicated Data
All Full-Service rollup, showing menu item count and proportion
4-5oz12%
6-7oz48%
8-9oz26%
10oz10%
12oz4%
“Petite”/“Petit”
Items: 80
8-9oz50%
10oz30%
12oz20%
BaseballCut
Items: 10
32
OPERATORS MENUING STEAK WITHOUT ANY TRACKED* CUT CALLOUTS
© 2018 Technomic Inc.
Distribution of items based on menuing operator properties*Based on specific cuts considered in this analysis
Midscale19%
Traditional CDR74%
Polished CDR6%
Fine Dining1%
SegmentDistribution
Mexican37%
Varied Menu21%Family Style
18%
Italian/Pizza8%
Specialty6%
All Other10%
CuisineDistribution
Operator Base: 816 chain and independent menus tracked Q4-16 through Q4-17 that offer steak but do not specify any of the tracked cuts Source: Technomic Syndicated Data
33
DISTRIBUTION OF PORTION SIZES: FILET/TENDERLOIN
© 2018 Technomic Inc.
Oz. All Full Service Midscale Traditional Casual Polished Casual Fine Dining
4-5
6-7
8-9
10
12
14
16
>16<Size Options 862 17 357 272 216
Share of Items Specifying Size 62% (428) 44% (9) 73% (101) 61% (153) 57% (167)
Size Options: This is the total number of size options, the base for charted percentages on this slide. This is a different metric from the menu items shown in the previous slide as not all items may specify a size, and those that do may have multiple size options.Share of Items Specifying Size: This is the percentage of menu items that specify portion size. The base of this percentage, shown adjacent, differs from that in previous slide as it considers only items at national/regional chains and high-volume independent operators.
Percentages indicate share among total number of size options
4%
22%
48%
11%
5%
3%
4%
3%
24%
41%
24%
6%
6%
4%
23%
53%
10%
3%
1%
2%
5%
4%
24%
45%
13%
3%
4%
6%
1%
2%
15%
46%
12%
12%
5%
6%
2%
Operator Base: chain and independent menus tracked Q4-16 through Q4-17; Varies by segment – see slide 35 Source: Technomic Syndicated Data
34
DISTRIBUTION OF PORTION SIZES: RIBEYE
© 2018 Technomic Inc.
Oz. All Full Service Midscale Traditional Casual Polished Casual Fine Dining
4-5
6-7
8-9
10
12
14
16
>16<Size Options 797 56 398 186 157
Share of Items Specifying Size 66% (377) 75% (20) 65% (137) 68% (103) 62% (117)
Size Options: This is the total number of size options, the base for charted percentages on this slide. This is a different metric from the menu items shown in the previous slide as not all items may specify a size, and those that do may have multiple size options.Share of Items Specifying Size: This is the percentage of menu items that specify portion size. The base of this percentage, shown adjacent, differs from that in previous slide as it considers only items at national/regional chains and high-volume independent operators.
Percentages indicate share among total number of size options
1%
7%
12%
30%
15%
17%
18%
7%
20%
25%
25%
13%
7%
4%
2%
8%
16%
35%
15%
15%
9%
1%
2%
5%
31%
19%
19%
24%
1%
6%
4%
17%
11%
23%
38%
Operator Base: chain and independent menus tracked Q4-16 through Q4-17; Varies by segment – see slide 35 Source: Technomic Syndicated Data
35
DISTRIBUTION OF PORTION SIZES: STRIP/TOP LOIN
© 2018 Technomic Inc.
Oz. All Full Service Midscale Traditional Casual Polished Casual Fine Dining
4-5
6-7
8-9
10
12
14
16
>16<Size Options 637 43 295 150 149
Share of Items Specifying Size 68% (369) 67% (24) 74% (100) 67% (91) 65% (154)
Size Options: This is the total number of size options, the base for charted percentages on this slide. This is a different metric from the menu items shown in the previous slide as not all items may specify a size, and those that do may have multiple size options.Share of Items Specifying Size: This is the percentage of menu items that specify portion size. The base of this percentage, shown adjacent, differs from that in previous slide as it considers only items at national/regional chains and high-volume independent operators.
Percentages indicate share among total number of size options
3%
7%
14%
33%
20%
13%
10%
12%
21%
16%
33%
5%
7%
7%
2%
7%
20%
40%
18%
6%
6%
3%
5%
9%
34%
19%
21%
9%
2%
1%
5%
6%
19%
28%
21%
17%
Operator Base: chain and independent menus tracked Q4-16 through Q4-17; Varies by segment – see slide 35 Source: Technomic Syndicated Data
36
DISTRIBUTION OF PORTION SIZES: SIRLOIN
© 2018 Technomic Inc.
Oz. All Full Service Midscale Traditional Casual Polished Casual Fine Dining
4-5
6-7
8-9
10
12
14
16
>16<Size Options 559 75 347 99 38
Share of Items Specifying Size 66% (327) 63% (43) 71% (192) 60% (63) 48% (29)
Size Options: This is the total number of size options, the base for charted percentages on this slide. This is a different metric from the menu items shown in the previous slide as not all items may specify a size, and those that do may have multiple size options.Share of Items Specifying Size: This is the percentage of menu items that specify portion size. The base of this percentage, shown adjacent, differs from that in previous slide as it considers only items at national/regional chains and high-volume independent operators.
Percentages indicate share among total number of size options
Operator Base: chain and independent menus tracked Q4-16 through Q4-17; Varies by segment – see slide 35 Source: Technomic Syndicated Data
2%
18%
38%
17%
14%
5%
4%
1%
3%
17%
49%
7%
7%
5%
8%
4%
3%
20%
38%
17%
14%
4%
3%
1%
13%
35%
23%
16%
6%
6%
21%
16%
24%
24%
13%
3%
37
DISTRIBUTION OF PORTION SIZES: PORTERHOUSE/T-BONE
© 2018 Technomic Inc.
Oz. All Full Service Midscale Traditional Casual Polished Casual Fine Dining
4-5
6-7
8-9
10
12
14
16
>16<Size Options 225 35 122 29 39
Share of Items Specifying Size 54% (96) 56% (9) 73% (30) 53% (17) 40% (40)
Size Options: This is the total number of size options, the base for charted percentages on this slide. This is a different metric from the menu items shown in the previous slide as not all items may specify a size, and those that do may have multiple size options.Share of Items Specifying Size: This is the percentage of menu items that specify portion size. The base of this percentage, shown adjacent, differs from that in previous slide as it considers only items at national/regional chains and high-volume independent operators.
Percentages indicate share among total number of size options
Operator Base: chain and independent menus tracked Q4-16 through Q4-17; Varies by segment – see slide 35 Source: Technomic Syndicated Data
1%
4%
15%
4%
22%
53%
9%
14%
9%
37%
31%
2%
6%
20%
4%
20%
47%
31%
69%
10%
3%
5%
82%
38
DISTRIBUTION OF PORTION SIZES: PRIME RIB
© 2018 Technomic Inc.
Oz. All Full Service Midscale Traditional Casual Polished Casual Fine Dining
4-5
6-7
8-9
10
12
14
16
>16<Size Options 181 14 96 44 27
Share of Items Specifying Size 67% (127) 64% (14) 83% (41) 56% (43) 62% (29)
Size Options: This is the total number of size options, the base for charted percentages on this slide. This is a different metric from the menu items shown in the previous slide as not all items may specify a size, and those that do may have multiple size options.Share of Items Specifying Size: This is the percentage of menu items that specify portion size. The base of this percentage, shown adjacent, differs from that in previous slide as it considers only items at national/regional chains and high-volume independent operators.
Percentages indicate share among total number of size options
Operator Base: chain and independent menus tracked Q4-16 through Q4-17; Varies by segment – see slide 35 Source: Technomic Syndicated Data
1%
15%
14%
29%
11%
20%
9%
29%
21%
21%
14%
7%
7%
1%
21%
13%
33%
10%
16%
6%
2%
5%
16%
30%
16%
18%
14%
7%
11%
19%
4%
44%
15%
Limited Service9,290 42%
Midscale1,514 7%Traditional Casual
9,380 42%
Polished Casual1,589 7%
Fine Dining499 2%
39
APPENDIX: OPERATOR BASE
© 2018 Technomic Inc.
Total:22,272Menus
Polished Casual represents rollup of Technomic’s Contemporary and Upscale Casuals
40
TRADITIONAL CDR OPERATORS CALL OUT CUT SIZE ON THEIR MENUS MORE FREQUENTLY
© 2018 Technomic Inc.
30%
40%
50%
60%
70%
80%
90%
Midscale Trad. CDR Polished CDR Fine Dining
Shar
e of
Item
s
Share of steak menu item size callouts by operator type and cut
Filet/ Tender. Ribeye Strip Sirloin Porter./ T-Bone Prime Rib
41
STEAK CUT SIZE IS CALLED OUT NEARLY TWO-THIRDS OF THE TIME ON MENUS; PORTERHOUSE/T-BONE CUT SIZE IS CALLED OUT LESS OFTEN
© 2018 Technomic Inc.
0
100
200
300
400
500
600
700
800
900
1000
0%
10%
20%
30%
40%
50%
60%
70%
80%
Filet/ Tender. Ribeye Strip Sirloin Porter./ T-Bone Prime Rib
Num
ber
of It
ems
Shar
e of
Item
s
All FSR: Operator steak size callouts by cut
Share w/Size Callout Number w/Size Callout
42
APPENDIX: OPERATOR SEGMENT DESCRIPTIONS
Category/Segment Report Color Description
Limited Service (LSR)
Restaurants offering counter service where patrons generally order or select items and pay before eating. Food and drinks may be consumed on-premise, taken out, or delivered to customers. It includes the Quick-Service and Fast-Casual segments.
Quick-Service includes restaurants that offer a menu of quickly prepared foods and beverages for consumption on or off-premise where additional preparation is not necessary. Patrons order or select items before eating and the average check is under $8.50.
Fast-Casual restaurants may have a “made for you” format; food is prepared to order with fresh, high quality ingredients; restaurants are attractive and comfortable, with the check averages between $8.50-$12.00.
Full Service (FSR) Restaurants offering table service and wait staff. Most offer a relatively broad menu of meals and snacks for immediate consumption primarily on-premise, although they may also offer takeout and catering services. It includes the following segments:
Midscale (MSR) Restaurants in this category feature broad menus with many options for all dayparts, including a strong breakfast focus and late-night or even 24-hour service. There is limited or no alcohol service, and check averages are between $8-$12.
Traditional Casual-Dining (Trad. CDR) Full-service restaurants with a standard, casual decor and a laidback, family-friendly atmosphere. Adult beverages are sold. Check averages are estimated to be $12–$20. Lunch and dinner are served, with some places also offering breakfast or weekend brunch.
Polished Casual-Dining (Polished CDR)
For the purposes of this report, Polished Casual-Dining is a rollup of Technomic’s Contemporary and Upscale Casual-Dining segments:
Contemporary Casual-Dining restaurants offer a modern, sophisticated setting, with a greater emphasis on bar offerings than Traditional CDR. Check averages are typically $12–$25. Much of the focus is on lunch and dinner, with some concepts also serving breakfast or a weekend brunch.
Upscale Casual-Dining restaurants includes those with a chic decor that resembles a fine-dining setting. These establishments have extensive beverage programs that often incorporate mixologists, sommeliers and craft brewers. Check averages are estimated to be $25–$50. Upscale CDRs typically offer well-planned and expertly executed lunch and dinner menus, and some also provide gourmet breakfast and brunch menus
Fine Dining Restaurants (FDR) Consists of upscale establishments with emphasis on dinner but may also serve lunch. Check averages are generally over $50
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