sales and profits

Pie Five closes nearly 15% of system

The Rave Restaurant holding was outperformed by its older sister concept, Pizza Inn.

Financing

Traffic plummets at Taco Cabana, Pollo Tropical

The chains' declines deepened their parent's losses to $8.5 million for the third quarter.

Those of us who have been watching the industry for a long time are still excited about fast casual and its future.

Carrols Corp. noted little difference in the performance of its oldest and newest stores.

Kurt Vonnegut Jr. wrote that “maturity is a bitter disappointment for which no remedy exists,” and so it has been with the coming-of-age fast-casual restaurant segment.

The health-oriented hybrid says a change in its business model makes expansion there too costly.

Some operators are turning to technology and regionality to safeguard their brands.

Deferred taxes have a lower value for Brinker International under revised federal rates, cutting into the casual-dining company's profits.

Over 80% of the limited-service segment’s sales comes from QSRs. Fast casual remains the strongest grower, with sales up 8% and units up 8.7%.

The latest flurry of earnings reports show clear sales and traffic improvement for a number of the sector's big brands.

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