earnings

Financing

Olive Garden gets boost from return of Never Ending Pasta Bowl

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

Financing

Dave & Buster’s profits improve but sales slow

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

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.

The operator is watching its commodity costs soar even as beef costs are flat. Wage rate inflation, meanwhile, has slowed this year but is expected to settle at a higher-than-normal rate.

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.

But Canadian office traffic was still down 60% in third quarter on average, and the tailwind will more likely be felt next year.

The product is already the chain's top-selling item in the morning, leading to a "meaningful acceleration" in breakfast sales.

Using the Spyce technology acquired last year, the fast-casual concept said the robotic makelines could be “transformative.”

The daytime dining chain says customers are opting for its $15 breakfasts and lunch as a more economical alternative to dining out at dinner.

Tech Check: Despite inflation, sales increased at the big providers and at many restaurants. It's starting to look unstoppable, but some red flags remain.

  • Page 22