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earnings

Financing

California's new fast-food law will hit Habit Burger hard

 By Jonathan Maze on Nov. 01, 2023

Parent company Yum Brands said the chain’s operating loss will be $10 million in the fourth quarter, which it blamed on anticipated impacts of legislation that will raise wage rates next year.

Financing

First Watch shifts its growth engine into high gear

 By Jonathan Maze on Nov. 01, 2023

The breakfast-and-lunch chain recently opened its 500th location and has many others under development as it works to expand its presence.

Operations

As sales slide, Applebee's touts value and menu innovation

By Joe Guszkowski on Nov. 01, 2023

The chain says promotions like $1 margaritas are working, but it's looking to do more on the permanent menu too.

Financing

Digital, marketing and price hikes lift McDonald's sales

By Jonathan Maze on Oct. 30, 2023

The burger giant’s U.S. same-store sales rose 8.1% last quarter and its earnings increased more than expected. The company cited better execution inside its restaurants.

Operations

How BJ's could benefit from Calif.'s fast-food wage law

By Joe Guszkowski on Oct. 27, 2023

Higher QSR prices could boost the value of sit-down meals, CEO Greg Levin said. But BJ's will still feel some labor inflation.

Operations

How California's fast-food bill will impact Chipotle's menu prices

By Lisa Jennings on Oct. 26, 2023

Company officials say the required wage hike next year will increase labor costs up to 3%. And that cost will be passed on to consumers.

Operations

Texas Roadhouse wants to grow its to-go business

By Joe Guszkowski on Oct. 26, 2023

Takeout sales increased for the second straight quarter, and the chain said those orders are good for its margins. But it’s still not doing delivery.

Food

Domino's shifts its focus to menu innovation

By Jonathan Maze on Oct. 13, 2023

The pizza chain is seeing some strong results with its Pepperoni Stuffed Cheesy Bread, its second new product introduction this year. Expect more from the chain.

Financing

Domino's sees better times ahead

By Jonathan Maze on Oct. 12, 2023

The pizza chain, which saw another decline in same-store sales, expects sales to improve later this year and into 2024. But profitability is already better.

Financing

The owner of Papa Murphy's says consumers are getting more demanding

By Jonathan Maze on Oct. 11, 2023

The CEO of MTY Food Group said customers expect more from their restaurants. But they’re not demanding more discounts yet.

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