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Financing

Sweetgreen has a strong IPO. Now what?

 By Jonathan Maze on Nov. 19, 2021

The Bottom Line: The salad chain’s market debut was one of the year’s best in the industry. But skepticism about its long-term prospects remains.

Financing

Newly public Portillo’s feels the margin squeeze

 By Heather Lalley on Nov. 18, 2021

The fast-casual chain’s margins dropped more than four percentage points over last year due to higher labor and commodity costs. But the company said its new restaurants are far exceeding expectations.

Financing

Kura Sushi’s sales soar, and so does its stock

By Jonathan Maze on Nov. 12, 2021

The conveyor belt sushi chain said its same-store sales are up 22% over 2019 so far this quarter. Its stock rose more than 25% on Friday.

Financing

BurgerFi’s openings take a big hit due to supply and labor shortages

By Heather Lalley on Nov. 11, 2021

The better-burger brand had planned to open up to 30 new restaurants this year. On Thursday, the fast casual revised that estimate to 18 new stores.

Financing

Dutch Bros sales improve despite 'headwinds,' thanks to loyalty

By Jonathan Maze on Nov. 11, 2021

The company’s new rewards app has already proven popular among customers and it is looking for new capabilities to improve it further.

Financing

As staffing goes, so goes Red Robin

By Joe Guszkowski on Nov. 11, 2021

Sales at the burger chain returned to 2019 levels, and labor improvements are driving further growth.

Financing

Worker shortages are cutting into Pollo Tropical’s earnings

By Heather Lalley on Nov. 11, 2021

The fast casual is recovering from the pandemic but it said its growth is being slowed in cities where it is having a hard time finding employees.

Financing

Wendy’s sales rise, thanks to digital and breakfast

By Jonathan Maze on Nov. 10, 2021

But the company said that “macroeconomic challenges” kept sales from meeting its expectations.

Financing

Freshii continues to lag due to slow urban recovery

By Heather Lalley on Nov. 10, 2021

The Canadian fast casual’s same-store sales remain down more than 20% over pre-pandemic levels during the third quarter.

Financing

At Krispy Kreme, high commodity and labor costs hit margins

By Jonathan Maze on Nov. 10, 2021

The doughnut chain raised prices in September, for the second time this year, to offset its higher costs.

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