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earnings

Financing

After a strong end to last year, Dave & Buster's sales slow in 2023

The owner of its namesake food-and-games chain, along with Main Event, cited difficult comparisons and calendar challenges as sales slowed in February and March. But its stock fell, anyway.

Financing

Olive Garden says lower prices are helping sales

The chain’s strategy to undershoot inflation is driving more guests to its restaurants, executives said. And it believes peak pricing is now in the rearview mirror.

The fast-casual noodle chain said its sales momentum has continued so far this year while margins are improving thanks to normalizing commodity costs.

New units are breaking records as the daytime-dining concept evolves to serve more diners and build profitability.

The fast-casual chicken restaurant chain said its traffic has improved so far this year, as did its profit margins.

Sales at the first Lone Star state location are averaging a "crazy" $48,000 per day since opening in January, fueling optimism about growth across the Sun Belt.

Central business district units and catering sales have almost returned to pre-Covid levels on "traffic-driven tailwinds."

The chain expected to return to net new unit growth this year. Instead it will close more restaurants than it opens again, citing high costs and underwhelming returns.

The franchisee, which operates one out of seven Burger King restaurants in the U.S., said it generated more cash than it has in two years as more of its customers paid the full price.

Staffing changes and new grills are already paying dividends for the chain, but executives cautioned that a full turnaround will take time.

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