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sales and profits

Financing

Pizza Hut sales surge, despite its dine-in locations

 By Jonathan Maze on Oct. 29, 2020

The chain’s sales at takeout and delivery units are on par with its rivals as the company works on closing its old full-service restaurants.

Financing

Delivery surge continues for Grubhub

 By Joe Guszkowski on Oct. 29, 2020

Despite the easing of dining restrictions, a lot of consumers continued to order delivery in the third quarter.

Financing

Taco Bell loses business in the morning but gains it in the drive-thru

By Jonathan Maze on Oct. 29, 2020

The chain has about a third of its breakfast business during the pandemic, but its speedier drive-thrus kept sales growing.

Financing

Chili’s owner has some big plans for It’s Just Wings

By Jonathan Maze on Oct. 28, 2020

Brinker International is looking at ideas to expand the virtual concept and the company is considering other delivery-only concepts..

Financing

Texas Roadhouse leans in to off-premise as same-store sales turn positive

By Joe Guszkowski on Oct. 28, 2020

The chain is investing in its to-go capabilities and will offer steaks for delivery via an online store.

Financing

IHOP and Applebee's will permanently close more restaurants

By Peter Romeo on Oct. 28, 2020

"Less than 100" IHOP locations are expected to close in the next six months, along with 15 units of sister chain Applebee's.

Financing

BJ's Restaurants starts thinking longer term

By Peter Romeo on Oct. 23, 2020

While still focused on the near-term complications posed by the pandemic, management is experimenting longer-term initiatives such as a beer subscription program.

Financing

Moody's says the restaurant industry's outlook has improved

By Jonathan Maze on Oct. 20, 2020

The bond rating service said the industry’s outlook has stabilized as business conditions have improved.

Financing

Applebee's franchisee files for Chapter 11 bankruptcy

By Peter Romeo on Oct. 20, 2020

Wisconsin Apple, a 25-unit operator, cited cost spikes amid depressed revenues as underlying factors.

Financing

Popeyes sales continue to soar while Burger King and Tim Hortons fall

By Jonathan Maze on Oct. 14, 2020

The chicken chain’s same-store sales rose 19.7% last quarter even as its sister chains both continued to see declines.

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