earnings

Financing

Delivery continues to flower at Bloomin' Brands

Delivery sales increased during the company’s third quarter even as more people returned to its dining rooms. “The customer has a habit,” CEO Dave Deno said.

Financing

Marketing efforts lifted McDonald’s sales last quarter

Camp McDonald’s helped propel digital sales at the burger giant, though the strong dollar caused some headaches. The company also warned of a potential recession in the U.S. and Europe.

The chain will acquire the restaurants early next year as its corporate locations continue to outperform franchisees.

Domestic same-store sales were up 6.9%, mostly on increased transactions, and the fast-casual chain sees room for growth with new sandwiches and expansion of delivery.

But higher-income diners remain undeterred by price increases and third-quarter results remain strong.

The casual-dining chain, owned by Fat Brands, has seen strong sales this year. And its sales are up in Florida.

Changes such as new chicken wings and more efficient scheduling are expected to add 200 basis points to its margins.

The pizza chain sold the locations for $41.1 million. It also said its same-store sales improved in the U.S. last quarter.

Millennials, lured by build-your-own breakfast and fried pickles, are visiting more often. But the chain’s important 65-and-over demographic remains slow to return.

Rave Restaurant Group repurchased shares for the first time in a decade last year as its profitability improved, as did sales at its chains, including Pie Five.

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