facebook pixal

earnings

Financing

Sysco says it passed along a 13.4% cost spike to customers with little pushback

The distribution giant told Wall Street that it also made progress in fulfilling customers' orders despite product outages.

Marketing

How the viral song ‘Fancy Like’ rocked Applebee’s summer

The Walker Hayes hit about eating Bourbon Street Steak and Oreo Shakes generated lots of attention for the chain, as well as some of its most popular advertising ever.

Some smaller fast-casual chains continue to struggle with pandemic recovery, with urban locations remaining especially slow to pick up.

Parent Dine Brands is winding down a process that led to hundreds of closures over the past several years, and sees fertile ground for growth coming out of the pandemic.

The pizza chain's sales improved in September as consumers order more stuffed crust pizzas and Papadias while watching sports and entertainment.

The fast casual’s same-store sales remained down significantly over 2019, but have improved in October, with suburban restaurants soaring above all others.

The Bottom Line: The pizza chain’s sales have remained strong despite the labor shortage. Its ability to get help from aggregators like DoorDash and Uber Eats is one reason.

The chain’s sales have recovered from the pandemic and accelerated, while more than a quarter of them are for takeout and delivery.

The chain raised menu prices 4.2% as commodity inflation hit 14% in the third quarter, driven largely by beef.

The company says the wage increases it is planning to make next year will hurt margins. But executives say the investments are important as it expects customer count to return.

  • Page 17