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earnings

Financing

Marketing efforts lifted McDonald’s sales last quarter

 By Jonathan Maze on Oct. 27, 2022

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.

Operations

Wingstop earnings get a boost from lower chicken costs

 By Lisa Jennings on Oct. 26, 2022

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.

Financing

Lower-income guests are dining at Chipotle less often

By Lisa Jennings on Oct. 25, 2022

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

Financing

Sales grow at Twin Peaks, even in a hurricane

By Jonathan Maze on Oct. 21, 2022

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

Financing

BJ’s says cost-saving efforts are poised to pay off

By Joe Guszkowski on Oct. 20, 2022

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

Financing

Domino’s sells 114 company restaurants to franchisees

By Jonathan Maze on Oct. 13, 2022

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

Financing

Younger consumers are warming up to Cracker Barrel

By Joe Guszkowski on Sep. 27, 2022

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.

Financing

Pizza Inn’s owner buys back stock and watches its share price soar

By Jonathan Maze on Sep. 23, 2022

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.

Financing

Lower-income guests are pulling back at Olive Garden

By Joe Guszkowski on Sep. 22, 2022

Inflation is pinching people earning less than $50,000, but higher-income customers have held strong, executives said Thursday.

Financing

Dave & Buster’s sales picked up speed in August

By Jonathan Maze on Sep. 08, 2022

The food-and-games chain, as well as new acquisition Main Event, both saw sales accelerate last month. But that didn’t help margins and the company’s stock price fell.

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