Financing

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

Financing

McDonald's franchisee group asks for a meeting with leadership

The National Owners Association, an independent group of the fast-food chain’s operators, says it is against new joint employer rules and wants a meeting with the company’s U.S. president.

Financing

Some of the pandemic's biggest winners came back to earth in 2022

The Bottom Line: Sonic, pizza delivery chains and bone-in chicken concepts—outside of Wingstop, that is—saw sales slow down last year. Here’s what happened.

The fast-food sandwich chain, which is on the market, says its same-store sales increased 11.7% in North America in the first quarter.

Loans were due on April 24, but now Checkers Drive-In Restaurants Inc. will have more time to build on the momentum of its business.

The Bottom Line: CEO John Chidsey admitted that company founder Fred DeLuca “whiffed” on a succession plan before his death in 2015, which led to years of stagnation.

Two different groups of franchisees issued warring statements on their views of joint employer regulations as the dispute intensifies between the burger franchise and an independent group of owners.

The once-struggling sandwich chain is now in growth mode, Chidsey said in a wide-ranging interview at the Restaurant Leadership Conference. He expects a deal to be done by May or June.

The Bottom Line: After a year of brutal inflation, operators worry that consumers will change their spending. But data at the moment remains inconclusive.

A Deeper Dive: Carl Bachmann, the brand’s president, joins the podcast to discuss the company’s growth plans and its decision to shift to its mobile-order “virtual” drive-thrus.

Subway, eager to bring more large-scale operators into the system, announced agreements with five new multi-unit restaurant franchisees. It also grew its international business last year.

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