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earnings

Operations

First Watch's efforts to boost unit volumes are paying off

 By Lisa Jennings on Mar. 07, 2023

New units are breaking records as the daytime-dining concept evolves to serve more diners and build profitability.

Financing

Pollo Tropical starts the year off with more customers and better profits

 By Reyna Estrada on Mar. 03, 2023

The fast-casual chicken restaurant chain said its traffic has improved so far this year, as did its profit margins.

Operations

Portillo's opens big in Texas

By Lisa Jennings on Mar. 02, 2023

Sales at the first Lone Star state location are averaging a "crazy" $48,000 per day since opening in January, fueling optimism about growth across the Sun Belt.

Operations

Potbelly puts pandemic in rearview mirror

By Lisa Jennings on Mar. 02, 2023

Central business district units and catering sales have almost returned to pre-Covid levels on "traffic-driven tailwinds."

Financing

Applebee's development plans hit a snag

By Joe Guszkowski on Mar. 01, 2023

The chain expected to return to net new unit growth this year. Instead it will close more restaurants than it opens again, citing high costs and underwhelming returns.

Financing

Fewer discounts means better profits for Burger King franchisee Carrols

By Jonathan Maze on Feb. 28, 2023

The franchisee, which operates one out of seven Burger King restaurants in the U.S., said it generated more cash than it has in two years as more of its customers paid the full price.

Financing

Red Robin's recovery gets off to a fast start

By Joe Guszkowski on Feb. 28, 2023

Staffing changes and new grills are already paying dividends for the chain, but executives cautioned that a full turnaround will take time.

Technology

One-click checkout is paying off for Olo

By Joe Guszkowski on Feb. 27, 2023

The product designed to streamline restaurant payments saw strong results in its first year, said CEO Noah Glass.

Financing

M&A market is looking up for Fat Brands

By Joe Guszkowski, Peter Romeo and Jonathan Maze on Feb. 24, 2023

Earnings roundup: The brand collector said asking prices for restaurants are coming down. Also, PFG senses "pizza fatigue," Ruth's Chris cuts costs with tech, Chuy's wins with LTOs and profits rise for US Foods.

Financing

Carryout carries Domino's through a tough period

By Jonathan Maze on Feb. 24, 2023

The pizza chain’s delivery sales are falling as consumers shift to other options. But its carryout business has become a major source of customers.

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