facebook pixal



Shake Shack soars on Q4 recovery. But will omicron erase those gains?

The latest COVID surge has meant reduced sales for the fast casual in recent weeks as it is forced to temporarily close restaurants and limit store hours.


Big Burger King franchisee Carrols says omicron hurt its sales

The company’s results were improving in the fourth quarter but worsened in the last two weeks of December.

The fast-casual chicken chain said decreased staffing levels forced it to cut operating hours and sales channels last quarter.

The doughnut chain’s stock plunged 7% even after the company said earnings and profits would be better than expected.

Executives said the popular promotion had negative impacts—and it did just fine without it this year.

The food-and-games chain said it saw same-store sales dip in Q3 in markets that required patrons to be vaccinated and that its special events business remains far from 2019 levels.

The chain expects its virtual brands and ghost kitchens to generate incremental sales, though it’s still too early to tell just how well they’ll do.

The burger chain estimates that closing hours and problems getting products hurt same-store sales by 4% last quarter.

The chain’s same-store sales are back to status quo thanks to better staffing. But the underlying business looks a bit different.

With sales hurt from a lack of workers, the burger chain is turning to a variety of strategies to keep workers, including automated shake machines and mobile applications.

  • Page 21