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Financing

How your restaurant sales and profits compare to competitors' and what you can do to improve financial performance

Financing

Dutch Bros sales and profits took off last quarter

 By Jonathan Maze on May 07, 2024

Same-store sales increased 10% in the company’s first quarter as boba, protein coffee and more awareness drove traffic to its shops.

Financing

Outback Steakhouse parent considers selling its restaurants in Brazil

 By Joe Guszkowski on May 07, 2024

Refranchising is also on the table for Bloomin' Brands' nearly 200 locations in the country, where Outback is very popular.

Financing

First Watch's traffic slides in Q1, but don't expect price-off specials to follow

By Peter Romeo on May 07, 2024

Management at the daytime dining chain said it will focus instead on bringing back strong customer lures from the past.

Financing

Howard Schultz has some thoughts on Starbucks' big earnings miss

By Jonathan Maze on May 06, 2024

The former CEO of the coffee shop giant, who handpicked the current chief executive, said the company’s problems “begin at home.” And he urged the chain to overhaul its mobile ordering platform.

Financing

10 restaurant chains that closed the most locations last year

By Jonathan Maze on May 06, 2024

Restaurant chains navigated a difficult market in 2023 due to inflation. Here are the brands that closed the most locations as a percentage of their unit count last year.

Financing

Restaurant job growth appears to be slowing

By Jonathan Maze on May 03, 2024

The restaurant industry added 6,600 jobs in April, according to new federal data, continuing a pattern of slower overall job growth.

Financing

Earnings roundup: Fatburger, El Pollo Loco and Pizza Inn

By Jonathan Maze, Heather Lalley and Lisa Jennings on May 03, 2024

Fat Brands has some trouble with the weather; strong results from El Pollo Loco and Rave Restaurant Group wants some remodels.

Financing

As it is sold, Clean Juice struggles with supply issues

By Jonathan Maze on May 03, 2024

Operators have closed or rebranded nearly half of the chain’s locations over the past year and a half. And then as the chain was sold last week, franchisees were told the company lost its distribution contract.

Financing

Looking for the next Chipotle? These 3 chains are already there

By Jonathan Maze on May 03, 2024

The Bottom Line: Wingstop, Raising Cane’s and Jersey Mike’s have broken free from the pack of well-established growth chains. Here’s why this trio stands out.

Financing

TGI Fridays sells licensing rights to Kraft Heinz to pay off debt, report says

By Joe Guszkowski on May 03, 2024

The deal gives Kraft Heinz the right to use Fridays’ brand name on retail products in perpetuity.

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