earnings

Texas Roadhouse remains in a league of its own

By Joe Guszkowski on Jul. 26, 2024

The steakhouse chain saw impressive growth on both the top and bottom line in the second quarter as it continued to defy industry trends.

Operations

Chipotle to focus on portion sizes at some 'outlier' restaurants

By Joe Guszkowski on Jul. 25, 2024

But customer concerns over portions did little to slow the burrito chain in Q2, when same-store sales soared by more than 11%.

Financing

Domino's strong U.S. sales are not enough to satisfy Wall Street

By Jonathan Maze on Jul. 18, 2024

The company’s same-store sales rose 4.8%, thanks to profitable traffic growth, but its stock plunged amid issues with one of its global operators.

Financing

Consumers may be cutting back, but not on snacks

By Jonathan Maze on Jul. 11, 2024

Sales at MTY Food Group concepts Wetzel’s and Cold Stone are outperforming other chains. But the economic environment is holding back its other brands.

Financing

At Pinstripes, a strong April couldn't appease Wall Street

By Jonathan Maze on Jun. 28, 2024

The bowling-and-bocce eatertainment chain’s sales were strong in April. But investors hammered the stock after it reported weak profitability.

Financing

Kura Sushi warns about weak sales in California

By Jonathan Maze on Jun. 27, 2024

The chain of conveyor-belt sushi restaurants said that its results last quarter “did not meet our expectations” and blamed it on “unanticipated softness in California.”

Operations

Lower-income consumers remain a problem for Olive Garden

By Joe Guszkowski on Jun. 20, 2024

The Italian restaurant chain said it’s keeping prices low and doing more to promote value, including its bottomless breadsticks. But it refuses to jump on the discounting bandwagon to drive traffic.

Leadership

LongHorn Steakhouse promotes Laura Williamson to president

By Joe Guszkowski on Jun. 20, 2024

The former head of finance replaces Todd Burrowes, who is now president of business development for parent Darden Restaurants. It was part of a flurry of leadership changes at the company.

Financing