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earnings

Financing

Red Robin's revamp takes a bite out of wait times

 By Joe Guszkowski on May 24, 2023

Just 2% of guests now report waiting more than 15 minutes for a table, an 8-point improvement from a year ago.

Operations

Panera Brands to restructure leadership in prep for IPO

 By Lisa Jennings on May 23, 2023

The timing of the potential public offering remains unclear, but the group that includes Panera Bread, Einstein Bros. and Caribou Coffee remains on track to go public again.

Financing

It's official: Cava goes public with IPO plans

By Lisa Jennings on May 19, 2023

The fast-growing Mediterranean fast casual had previously filed confidential plans, but now the financial disclosures are public.

Financing

Longer hours and open dining rooms boost Jack in the Box sales

By Jonathan Maze on May 17, 2023

The burger chain’s same-store sales increased 9.8% last quarter as its dining rooms reopened and late-night business returned to normal.

Financing

It could be a while before McDonald's makes its Krispy Kreme test national

By Jonathan Maze on May 12, 2023

Early reports suggest the burger chain’s test of the sale of the doughnuts has been going well. But Krispy Kreme doesn’t have the capacity to serve the entire brand.

Financing

Burger King franchisee Carrols said its profitability improved last quarter

By Jonathan Maze on May 11, 2023

The fast-food burger chain’s largest operator said its same-store sales increased 11.7% in the first quarter, and much of that went to the bottom line.

Operations

Noodles & Co. guests push back on higher prices, especially for delivery

By Lisa Jennings on May 10, 2023

But with commodity deflation expected for the rest of the year, the fast-casual chain has brought back a value promotion that is already driving traffic, the company said.

Financing

The Cheesecake Factory is launching a loyalty program

By Joe Guszkowski on May 10, 2023

Cheesecake Rewards members will get access to reservations and free birthday cheesecake. The program is expected to go nationwide in June.

Financing

At Wendy's, stronger sales yield better profits

By Jonathan Maze on May 10, 2023

The burger chain said profit margins at company restaurants improved last quarter thanks to higher sales. But customer counts declined.

Financing

Facing growing pains and weak sales, Dutch Bros looks for traffic

By Jonathan Maze on May 09, 2023

As its sales lag competitors, the growing drive-thru beverage chain is working to build sales, and traffic, behind new Company President Christine Barone.

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