earnings

Financing

Papa Murphy's owner hopes the brand's tough 2022 is in the past

The take-and-bake pizza chain "closed a lot of stores" last year amid lower franchisee profits. But parent company MTY Food Group says 2023 has started out much better.

Financing

Texas Roadhouse sets a traffic record

Traffic is up 10% through the first seven weeks of 2023. Executives aren’t sure why, but they have a few ideas.

The Outback Steakhouse parent says new tech and kitchen equipment should help profits this year. But much will depend on traffic.

The 11-year company veteran, who had been COO, will take over for José Cil on March 1. Cil will remain with the Burger King and Tim Hortons parent company for one year as an advisor.

The owner of Taco Bell, KFC, Pizza Hut and Habit has opened a new restaurant every hour over the past two years, despite challenges in its two biggest markets.

Same-store sales at the Mexican fast-food restaurant chain rose 11% in the fourth quarter. The company sold 45 million Mexican Pizzas last year. And breakfast improved following new ads featuring the comedian.

The fast-casual Mexican restaurant chain reported a disappointing fourth quarter but said its "back to basics" focus is paying off with positive transactions in January.

Restrictions and a COVID surge in December hammered sales in the Seattle-based coffee chain's second-biggest market. But Starbucks still has big plans for the country.

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.

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

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