earnings

Financing

Shake Shack encounters an unforgiving Wall Street

The fast-casual burger chain has strategies in place that could make it a lot larger than its initial plans. But then the company ran into a first-quarter weather problem.

Financing

Sweetgreen bets on winning back the bowl-weary guest

After a terrible 1Q, sales for the fast-casual chain began to pick up in April. Will a non-bowl option, fueled by an army of social media creators, save the day?

The drive-thru beverage chain received more than 780,000 applications for just 19,000 jobs last year. For the company, the demand demonstrates one of the most crucial attributes in its growth.

The fast-food giant reported another quarter of same-store sales growth, arguing that value is crucial even as company stores, and franchisees, show some profit concerns.

The fast-casual chain's same-store sales were up more than 9% in the first quarter. Closing bad units helped. But CEO Joe Christina said turnaround efforts really are working.

The fast-food chain has taken 64,000 calls and texts from customers about a variety of issues. The calls are providing crucial information on product innovation, operational improvements and even some broken signs.

The fast-food chicken chain’s first-quarter same-store sales declined by 6.5%, marking its worst performance in about 20 years.

The Bottom Line: This week’s edition of the weekly restaurant finance newsletter looks at the wide range of early earnings reports.

The Week in Restaurants: This week’s episode of the weekly restaurant news discussion podcast looks at earnings from Chili’s and Starbucks, and Subway’s new value offer.

The chain is focused on getting new customers in the door and will start to feature more targeted messaging to reach that targeted audience.

  • Page 2