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Financing

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

Financing

The year has apparently started out strong for a lot of restaurants

 By Jonathan Maze on Feb. 17, 2023

The Bottom Line: What recession? Companies like Texas Roadhouse and Golden Corral said their traffic was way up in January and federal data backs them up. Here's why that might be happening.

Financing

With new leadership, Restaurant Brands International charts an aggressive path

 By Jonathan Maze on Feb. 17, 2023

Patrick Doyle, and now new CEO Josh Kobza, take the helm at the owner of Burger King, Tim Hortons, Popeyes and Firehouse Subs with a mandate: Speed the company's growth.

Financing

BP to buy TravelCenters of America for $1.3B

By Greg Lindenberg on Feb. 16, 2023

The large chain of full-service truck stops, a major operator of fast-food restaurants and full-service brands, will be sold to the British oil giant's North American subsidiary.

Financing

Facing another year of inflation, Bloomin' comes up with $50M in savings

By Joe Guszkowski on Feb. 16, 2023

The Outback Steakhouse parent says new tech and kitchen equipment should help profits this year. But much will depend on traffic.

Financing

Papa Murphy's owner hopes the brand's tough 2022 is in the past

By Jonathan Maze on Feb. 16, 2023

The take-and-bake pizza chain "closed a lot of stores" last year amid lower franchisee profits. But parent company MTY Food Group says 2023 has started out much better.

Financing

Customers returned to Shake Shack in January

By Lisa Jennings on Feb. 16, 2023

The fast-casual, "better burger" chain is positioning itself to capture trade-down diners with truffles and more plant-based options. It is also working to rebuild profit margins.

Financing

Who might buy Subway, and who won't

By Jonathan Maze on Feb. 16, 2023

The Bottom Line: The fast-food sandwich chain is on the market. So let's take a look at a few potential buyers, and dismiss the idea of a few others.

Financing

Texas Roadhouse sets a traffic record

By Joe Guszkowski on Feb. 16, 2023

Traffic is up 10% through the first seven weeks of 2023. Executives aren’t sure why, but they have a few ideas.

Financing

Why culture is so important in a restaurant

By Jonathan Maze on Feb. 15, 2023

A Deeper Dive: Cameron Mitchell, founder of Cameron Mitchell Restaurants, joins the RB podcast to talk about building culture, the state of fine dining and chocolate milkshakes.

Financing

Krispy Kreme sold a ton of doughnuts last year

By Jonathan Maze on Feb. 15, 2023

The Charlotte, N.C.-based chain sold a record number of doughnuts in 2022. And its Insomnia Cookies brand also generated strong revenue growth.

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