S&P Equity Research said it expected June same-store sales -- or sales at stores open at least one year, a closely watched metric in the restaurant industry -- to rise 5.4% from the last year, while the actual gain was 8.1%. "In addition, our optimism was boosted by the ADP survey of private payrolls showing a gain 157,000 new jobs in June, significantly above the 78,000 new June jobs expected by consensus," McMillan said. -- Written by Miriam Marcus Reimer in New York. >To contact the writer of this article, click here: Miriam Reimer. >To follow the writer on Twitter, go to http://twitter.com/miriamsmarket. >To submit a news tip, send an email to: email@example.com.
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