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earnings

Financing

Younger consumers are warming up to Cracker Barrel

Millennials, lured by build-your-own breakfast and fried pickles, are visiting more often. But the chain’s important 65-and-over demographic remains slow to return.

Financing

Pizza Inn’s owner buys back stock and watches its share price soar

Rave Restaurant Group repurchased shares for the first time in a decade last year as its profitability improved, as did sales at its chains, including Pie Five.

Inflation is pinching people earning less than $50,000, but higher-income customers have held strong, executives said Thursday.

The food-and-games chain, as well as new acquisition Main Event, both saw sales accelerate last month. But that didn’t help margins and the company’s stock price fell.

It’s one of a number of “interventions” being led by new CEO Kevin Hochman, including a revamped loyalty program and a variety of operations and menu changes.

The burger chain operator’s profits declined last quarter despite increasing sales. It has deliberately kept price increases to a minimum.

The technology company said it has known since the beginning of the year that Subway could leave, taking 15,000 locations and “a few million dollars” in revenue with it.

The doughnut chain’s shares declined 13% on Wednesday amid weakening profits. The company also plans to close 10 weak locations and acquire a 6-unit franchisee.

The drive-thru beverage chain’s same-store sales have been hurt by its aggressive building strategy. But it says it is building overall coffee market share by preventing long lines and poor service.

The burger chain’s largest operator said it believes its labor costs and commodity prices are improving, which could help its profit margins later this year.

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