earnings

Operations

Applebee's and IHOP eye co-branded locations in the U.S.

Dual locations have generated strong returns overseas and could provide a spark to the chains’ domestic development.

Operations

Watch out casual-dining chains, Cava is coming for your guests

The Mediterranean fast casual is planning to enhance restaurant ambiance to make locations more inviting for dine-in. Also steak is coming to the menu.

The pizza delivery chain added the largest number of new operators in 15 years in 2023. All of them started as delivery drivers or other employees within the system.

The Chicago-style fast casual opened 12 new restaurants in 2023, a record number, and said same-store sales rose 5.7% during the year.

The pizza chain's transactions increased late last year, largely due to the unique buy-one, get-one-free promotion and growth in its reconfigured Domino's Rewards loyalty program.

Now comes the hard work of lapping a strong first year as a public company, but the fast-casual chain is well positioned for more "normalized" growth.

The owner of Outback Steakhouse is pruning older, struggling stores in favor of new ones that generate better returns.

The drive-thru coffee chain opened more shops in its history last year as sales accelerated. And it is also opening shops in Florida.

The chain delivered another quarter of steady growth and few surprises. "Operators were in full control," said CFO Matthew Clark.

The brand’s sales have been slow so far this year due to weather and low-income consumers. But executives believe a better value offering and a new burger will change things.

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