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earnings

Financing

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

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

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.

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

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.

It’s one of a number of “interventions” being led by new CEO Kevin Hochman, including a revamped loyalty program and a variety of operations and menu changes.

The burger chain operator’s profits declined last quarter despite increasing sales. It has deliberately kept price increases to a minimum.

The technology company said it has known since the beginning of the year that Subway could leave, taking 15,000 locations and “a few million dollars” in revenue with it.

The doughnut chain’s shares declined 13% on Wednesday amid weakening profits. The company also plans to close 10 weak locations and acquire a 6-unit franchisee.

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