earnings

Fewer discounts means better profits for Burger King franchisee Carrols

By Jonathan Maze on Feb. 28, 2023

The franchisee, which operates one out of seven Burger King restaurants in the U.S., said it generated more cash than it has in two years as more of its customers paid the full price.

Financing

Red Robin's recovery gets off to a fast start

By Joe Guszkowski on Feb. 28, 2023

Staffing changes and new grills are already paying dividends for the chain, but executives cautioned that a full turnaround will take time.

Technology

One-click checkout is paying off for Olo

By Joe Guszkowski on Feb. 27, 2023

The product designed to streamline restaurant payments saw strong results in its first year, said CEO Noah Glass.

Financing

M&A market is looking up for Fat Brands

By Joe Guszkowski, Peter Romeo and Jonathan Maze on Feb. 24, 2023

Earnings roundup: The brand collector said asking prices for restaurants are coming down. Also, PFG senses "pizza fatigue," Ruth's Chris cuts costs with tech, Chuy's wins with LTOs and profits rise for US Foods.

Financing

Carryout carries Domino's through a tough period

By Jonathan Maze on Feb. 24, 2023

The pizza chain’s delivery sales are falling as consumers shift to other options. But its carryout business has become a major source of customers.

Operations

Sweetgreen to slow the pace of growth to focus on profitability

By Lisa Jennings on Feb. 23, 2023

The fast-casual chain is also looking to cut $10 million from support center costs in effort to be more nimble and efficient.

Financing

Inflation and consumer shifts take a bite out of pizza demand

By Jonathan Maze on Feb. 23, 2023

Quick-service pizza delivery chains like Domino's and Papa Johns have reported weaker sales and traffic as consumers look for other options, or simply decide to stay home.

Financing

Dutch Bros wants to give customers a break on price hikes this year

By Jonathan Maze on Feb. 23, 2023

The drive-thru coffee chain, which raised prices 11% in 2022, said it plans to hold the line in 2023, particularly after it made changes to its loyalty program.

Financing