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earnings

Financing

Supply chain and labor issues hurt Jack in the Box sales

The burger chain estimates that closing hours and problems getting products hurt same-store sales by 4% last quarter.

Financing

Cracker Barrel gets back to pre-COVID form—sort of

The chain’s same-store sales are back to status quo thanks to better staffing. But the underlying business looks a bit different.

With sales hurt from a lack of workers, the burger chain is turning to a variety of strategies to keep workers, including automated shake machines and mobile applications.

The chain expects its virtual brands and ghost kitchens to generate incremental sales, though it’s still too early to tell just how well they’ll do.

The Bottom Line: The salad chain’s market debut was one of the year’s best in the industry. But skepticism about its long-term prospects remains.

The fast-casual chain’s margins dropped more than four percentage points over last year due to higher labor and commodity costs. But the company said its new restaurants are far exceeding expectations.

The conveyor belt sushi chain said its same-store sales are up 22% over 2019 so far this quarter. Its stock rose more than 25% on Friday.

The better-burger brand had planned to open up to 30 new restaurants this year. On Thursday, the fast casual revised that estimate to 18 new stores.

The company’s new rewards app has already proven popular among customers and it is looking for new capabilities to improve it further.

Sales at the burger chain returned to 2019 levels, and labor improvements are driving further growth.

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