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The Bottom Line

Jonathan Maze The Bottom Line

Restaurant Business Executive Editor-in-Chief Jonathan Maze is a longtime industry journalist who writes about restaurant finance, mergers and acquisitions and the economy, with a particular focus on quick-service restaurants. He writes daily about the factors influencing the operating environment, including labor and food costs and various industry trends such as technology and delivery.

Jonathan has been widely quoted in media publications such as the New York Times and the Washington Post and has appeared on CNBC, Yahoo Finance and NPR. He writes a weekly finance-focused newsletter for Restaurant Business, The Bottom Line, and is the host of the weekly podcast “A Deeper Dive.”

Financing

Despite the pandemic, restaurant stocks went up last year

 By Jonathan Maze on Jan. 04, 2021

Publicly traded chains had a surprisingly positive year in 2020, thanks almost entirely to limited-service concepts, says RB’s The Bottom Line.

Financing

McDonald’s fight highlights a common source of franchise conflict

 By Jonathan Maze on Dec. 18, 2020

Franchisors benefit from higher sales, while franchisees need to make a profit. The difference frequently causes controversy, says RB’s The Bottom Line.

Financing

Restaurant sales tumbled in November

By Jonathan Maze on Dec. 17, 2020

New sales data shows the industry has lost footing after a summer of recovery as shutdowns take hold, says RB’s The Bottom Line.

Financing

Higher prices could rain on the delivery parade

By Jonathan Maze on Dec. 15, 2020

More chains are pushing higher menu prices for third-party delivery. RB’s The Bottom Line says this could keep the business from getting the growth it wants.

Financing

DoorDash is already more valuable than most restaurant chains

By Jonathan Maze on Dec. 11, 2020

The third-party delivery company already has a higher market value than all but McDonald’s and Starbucks, says RB’s The Bottom Line.

Financing

Tilman Fertitta may take Landry’s public again

By Jonathan Maze on Dec. 10, 2020

The owner of chains like Morton’s and Del Frisco’s told CNBC that he may take his restaurants public again, citing a favorable market, says RB’s The Bottom Line.

Financing

Sun Capital is leaving the restaurant business

By Jonathan Maze on Dec. 07, 2020

The private equity group is reportedly selling its remaining restaurant chains. RB’s The Bottom Line examines its track record.

Financing

Why Tim Hortons has struggled under RBI

By Jonathan Maze on Dec. 02, 2020

CEO Jose Cil said the company marketed the brand with the wrong mindset and “lost touch with consistency and quality,” says RB’s The Bottom Line.

Financing

The third-party delivery shakeup will change the restaurant industry

By Jonathan Maze on Dec. 01, 2020

The DoorDash IPO, Grubhub sale and Uber Eats deal have fundamentally changed the market, and maybe the restaurant industry, says RB’s The Bottom Line.

Financing

Fast food chains are thriving, some more than others

By Jonathan Maze on Nov. 30, 2020

Quick-service chains have recovered thanks to their drive-thrus, but consumers are showing some preferences, says RB’s The Bottom Line.

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