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earnings

Financing

Noodles & Company got hit by a COVID one-two punch

 By Heather Lalley on Feb. 24, 2022

The combined impacts of the delta and omicron surges cost the fast casual $8 million in estimated revenue from temporary closures and reduced hours during the fourth quarter.

Financing

Ruth’s Chris could buy more restaurants as it gets back to growth

 By Joe Guszkowski on Feb. 24, 2022

The steakhouse chain is ramping up development with plans to open five to seven new locations a year.

Financing

Texas Roadhouse has no ‘silver bullet’ for inflation

By Joe Guszkowski on Feb. 23, 2022

The chain is focusing on building traffic and staff while doing its best to manage rising costs.

Technology

Olo launches payment service, acquires POS integrator Omnivore

By Joe Guszkowski on Feb. 23, 2022

Olo Pay will enable one-click payment for customers at hundreds of restaurant brands. Both moves are part of the company's efforts to streamline technology.

Financing

Cracker Barrel changes its approach to menu pricing

By Joe Guszkowski on Feb. 22, 2022

The chain will make multiple small adjustments in coming quarters to see how customers react.

Financing

BJ’s recovery snatched away by omicron

By Joe Guszkowski on Feb. 18, 2022

The chain was hit harder than most by the COVID-19 variant in December and January, when an “unprecedented” number of its workers got sick.

Financing

Carrabba’s has become 'a whole new business' for Bloomin'

By Joe Guszkowski on Feb. 18, 2022

Off-premise is booming at the 219-unit chain, but executives want to see it keep growing before airing major development plans.

Financing

The Cheesecake Factory expects $12M AUVs in 2022

By Joe Guszkowski on Feb. 17, 2022

Strong sales paired with higher prices have the chain set up for a big year, executives said.

Financing

Shake Shack to raise prices again after omicron takes its toll

By Heather Lalley on Feb. 17, 2022

The fast-casual burger brand said there is too much uncertainty to predict when it might return to pre-pandemic sales trends.

Operations

Denny’s fortunes hinge on two numbers: 24/7

By Joe Guszkowski on Feb. 16, 2022

Half of the chain’s restaurants have returned to around-the-clock service, and those stores are performing well. But it’s unclear when the rest will get there.

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