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Financing

Dave & Buster’s sales picked up speed in August

 By Jonathan Maze on Sep. 08, 2022

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.

Financing

Chili’s to rein in giveaways under new CEO's rebound plan

 By Joe Guszkowski on Aug. 24, 2022

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.

Financing

Colorado’s tough labor market hurts Good Times Restaurants

By Reyna Estrada on Aug. 19, 2022

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

Technology

Olo is losing its Subway business, drawing shareholder lawsuits

By Joe Guszkowski on Aug. 17, 2022

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.

Financing

Krispy Kreme lowers its profit outlook and its stock price plunges

By Jonathan Maze on Aug. 17, 2022

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.

Financing

Dutch Bros is willing to sacrifice same-store sales for better operations. Here's why

By Jonathan Maze on Aug. 11, 2022

The drive-thru beverage chain’s same-store sales have been hurt by its aggressive building strategy. But it says it is building overall coffee market share by preventing long lines and poor service.

Financing

Burger King franchisee Carrols sees its inflation problems easing

By Jonathan Maze on Aug. 11, 2022

The burger chain’s largest operator said it believes its labor costs and commodity prices are improving, which could help its profit margins later this year.

Financing

Red Robin dials up value after ‘disappointing’ quarter

By Joe Guszkowski on Aug. 10, 2022

Following a successful $10 meal deal, the chain is queuing up happy hour and lunch specials, even as it works to keep costs down.

Financing

As conditions stabilize, Jack in the Box sees sales improve

By Jonathan Maze on Aug. 10, 2022

The company, which also owns Del Taco, said sales accelerated at the end of last quarter, while more dining rooms reopen and supply chain disruptions ease.

Financing

First Watch bucks summer slowdown with 8% traffic growth

By Joe Guszkowski on Aug. 09, 2022

Same-store sales at the a.m. chain rose 13.4% in the second quarter as customers continue to flock to its restaurants.

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