earnings

Financing

Ruth's Chris sees some relief on beef costs

Earnings Roundup: Chuy's sales hurt by the Texas heat and Fat Brands looks for more acquisition targets.

Financing

As digital sales rise, Potbelly tests more tech investments

The sandwich chain is testing new in-store technology as digital sales now represent more than a third of revenue.

Brand operator Restaurant Brands International now gets a third of its sales through digital channels. Sales at Burger King and Popeyes also improve in the U.S.

The Bottom Line: While the two chains and their revitalization plans are different, the Canadian coffee brand’s strong second-quarter results give its sister brand hope of a comeback in its U.S. market.

The chain’s six drive-thru units generated higher average weekly sales than other restaurants, and it has plans to open many more over the next year-plus.

The Italian beef chain faced "unprecedented" inflation for the second straight quarter. Traffic also fell nearly 6%.

The company’s sales increased last quarter despite weakening demand. But its food costs rose 18% and corporate store margins took a big hit.

The Mexican fast-food chain’s same-store sales rose 8% last quarter. But sister chains KFC and Pizza Hut did not fare nearly as well.

The diner chain, which earlier this year said it was easing up on value, is embracing it again amid a difficult economy.

The Outback Steakhouse parent is adding new technology and equipment to make restaurants more productive and will likely raise prices again to ease higher costs for just about everything.

  • Page 23