earnings

By Jonathan Maze on Aug. 04, 2022

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.

Financing

Shake Shack sees promising early results in the drive-thru

By Joe Guszkowski on Aug. 04, 2022

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.

Financing

Meat costs continue to plague Portillo's

By Joe Guszkowski on Aug. 04, 2022

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

Financing

High cheese prices give Papa John’s some indigestion

By Jonathan Maze on Aug. 04, 2022

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

Financing

Taco Bell’s sales surged, thanks to the Mexican Pizza

By Jonathan Maze on Aug. 03, 2022

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.

Financing

With traffic flagging, Denny's gets back to value

By Joe Guszkowski on Aug. 03, 2022

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

Financing

Bloomin’ Brands continues to lock horns with inflation

By Joe Guszkowski on Jul. 29, 2022

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.

Financing