Financing

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

Financing

Bad Daddy’s parent buys 5 units from partners for $4.4M

Good Times Restaurants now owns all of the 41-unit burger bar’s traditional locations.

Financing

Why 2023 will be a year of weaker sales and higher margins

Fitch Ratings expects modest restaurant growth this year. But recent price increases and an improving inflationary environment should help with profits.

The coffee giant’s “CEO elect,” who takes over the full-time job in April, received a sign-on bonus and stock awards. Howard Schultz, the interim CEO, was paid $1.

The Bottom Line: The burger giant traditionally lets others do all the talking on major political issues. But more recently it has made its voice heard on topics like California's business climate or crime in Chicago.

A labor advocacy group said the House of Representatives' minority leader will give the campaign contributions he's received from the association to charity.

The Bottom Line: Rising interest rates and a weak M&A market could prove troublesome for companies looking for an out from their debt troubles.

A Deeper Dive: Lori Rakoczy, associate principal with Technomic, joins the Restaurant Business podcast to discuss the impact inflation is having on restaurant customers.

The operator of drive-thru restaurants has reportedly hired advisers to help it restructure its debt, which comes due next year.

The Bottom Line: If a recession hits, price-weary consumers could look for more deals. But mass discount programs may be too difficult in an inflationary environment.

Technomic's Take: The growth potential for alternative meats has always been more limited than many people thought. But they are not going away from restaurant menus, either.

  • Page 82