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Customers keep visiting Starbucks and spending more money

 By Jonathan Maze on Feb. 02, 2023

The Seattle-based coffee chain’s average weekly sales hit a record last quarter as people came in more often and spent more money when they did.

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Chili’s to push value with first TV ads in more than 3 years

 By Joe Guszkowski on Feb. 01, 2023

With sales (and prices) on the rise, the chain is turning its attention to traffic by promoting a $10.99 meal deal.

Financing

Maggiano’s sales soar with help from a booming to-go business

By Joe Guszkowski on Feb. 01, 2023

Off-premise sales are up 81% compared to before pandemic, and they are highly incremental, executives said.

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McDonald’s sales accelerated last quarter, thanks to adult Happy Meals and the McRib

By Jonathan Maze on Jan. 31, 2023

The company’s same-store sales rose 10.3% in the U.S. behind its marketing promotions and increased customer counts.

Financing

Inflation hits McDonald’s and its European operators

By Jonathan Maze on Jan. 31, 2023

The burger giant expects thinner margins this year and it is spending up to $150 million to support franchisees in Europe hit by higher costs.

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Fogo de Chao in rare form ahead of planned IPO

By Joe Guszkowski on Dec. 21, 2022

With double-digit AUVs and strong traffic growth, the Brazilian steakhouse chain is building momentum as it prepares to return to Wall Street.

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Olive Garden gets boost from return of Never Ending Pasta Bowl

By Joe Guszkowski on Dec. 16, 2022

Sales and traffic improved significantly at the chain as guests came back for the popular promotion.

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Dave & Buster’s profits improve but sales slow

By Jonathan Maze on Dec. 08, 2022

The eatertainment chain operator’s stock fell 7% after saying sales slowed down so far this quarter.

Financing

Here’s what Jack in the Box is doing to improve store margins

By Jonathan Maze on Nov. 22, 2022

The burger chain’s stock was hammered Tuesday as inflation and investments ate into its profits. The company is taking operational steps to improve margins, such as new cheese pumps.

Financing

Dutch Bros sales improve, but Sacramento holds them back

By Jonathan Maze on Nov. 10, 2022

The drive-thru beverage chain’s same-store sales rose 1.7% last quarter. But the company is working to improve results in one of its biggest markets.

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