earnings

McDonald’s sales accelerated last quarter, thanks to adult Happy Meals and the McRib

By Jonathan Maze on Jan. 31, 2023

The company’s same-store sales rose 10.3% in the U.S. behind its marketing promotions and increased customer counts.

Inflation hits McDonald’s and its European operators

By Jonathan Maze on Jan. 31, 2023

The burger giant expects thinner margins this year and it is spending up to $150 million to support franchisees in Europe hit by higher costs.

Financing

Fogo de Chao in rare form ahead of planned IPO

By Joe Guszkowski on Dec. 21, 2022

With double-digit AUVs and strong traffic growth, the Brazilian steakhouse chain is building momentum as it prepares to return to Wall Street.

Financing

Olive Garden gets boost from return of Never Ending Pasta Bowl

By Joe Guszkowski on Dec. 16, 2022

Sales and traffic improved significantly at the chain as guests came back for the popular promotion.

Financing

Dave & Buster’s profits improve but sales slow

By Jonathan Maze on Dec. 08, 2022

The eatertainment chain operator’s stock fell 7% after saying sales slowed down so far this quarter.

Financing

Here’s what Jack in the Box is doing to improve store margins

By Jonathan Maze on Nov. 22, 2022

The burger chain’s stock was hammered Tuesday as inflation and investments ate into its profits. The company is taking operational steps to improve margins, such as new cheese pumps.

Financing

Labor costs ease for Burger King franchisee Carrols, but not food costs

By Jonathan Maze on Nov. 10, 2022

The operator is watching its commodity costs soar even as beef costs are flat. Wage rate inflation, meanwhile, has slowed this year but is expected to settle at a higher-than-normal rate.

Financing