earnings

Financing

Fatburger owner Fat Brands wants to buy more chains, but only at its price

The owner of Twin Peaks, Fazoli’s and a bunch of other fast-food chains is on the lookout for other concepts, but it won’t pay too much for them.

Operations

Sweetgreen's robotic makelines show 10% sales lift

But the multi-tier Sweetpass subscription program is not showing results. CEO Jonathan Neman says it needs to be simpler.

The company is shifting spending from local marketing to national marketing and has plans for “major food innovation” come April.

The chain has earmarked $3 million to remind customers of the more than 30 bottomless options on its menu.

Dual locations have generated strong returns overseas and could provide a spark to the chains’ domestic development.

The pizza delivery chain added the largest number of new operators in 15 years in 2023. All of them started as delivery drivers or other employees within the system.

The Chicago-style fast casual opened 12 new restaurants in 2023, a record number, and said same-store sales rose 5.7% during the year.

The Mediterranean fast casual is planning to enhance restaurant ambiance to make locations more inviting for dine-in. Also steak is coming to the menu.

The pizza chain's transactions increased late last year, largely due to the unique buy-one, get-one-free promotion and growth in its reconfigured Domino's Rewards loyalty program.

Now comes the hard work of lapping a strong first year as a public company, but the fast-casual chain is well positioned for more "normalized" growth.

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