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earnings

Financing

Freshii sees benefit from office workers returning even two days per week

 By Lisa Jennings on Nov. 10, 2022

But Canadian office traffic was still down 60% in third quarter on average, and the tailwind will more likely be felt next year.

Financing

French Toast Sticks drove Wendy's sales last quarter

 By Jonathan Maze on Nov. 09, 2022

The product is already the chain's top-selling item in the morning, leading to a "meaningful acceleration" in breakfast sales.

Technology

Sweetgreen to test fully automated restaurants next year

By Lisa Jennings on Nov. 08, 2022

Using the Spyce technology acquired last year, the fast-casual concept said the robotic makelines could be “transformative.”

Financing

First Watch feels a tailwind from consumers' inflation adjustments

By Peter Romeo on Nov. 07, 2022

The daytime dining chain says customers are opting for its $15 breakfasts and lunch as a more economical alternative to dining out at dinner.

Financing

Starbucks’ beverage modifiers become a $1B business

By Jonathan Maze on Nov. 04, 2022

Younger consumers are ordering more cold beverages that they customize with flavorings and syrups that generate some surprising revenue.

Technology

Delivery continues to defy expectations, for now

By Joe Guszkowski on Nov. 04, 2022

Tech Check: Despite inflation, sales increased at the big providers and at many restaurants. It's starting to look unstoppable, but some red flags remain.

Financing

Restaurant sales rise, thanks to higher prices

By Jonathan Maze, Lisa Jennings, Peter Romeo and Joe Guszkowski on Nov. 04, 2022

Earnings roundup: Travel rebound lifts Marriott; Noodles and El Pollo Loco push value; lower beef costs help Ruth’s; Pizza Inn’s owner remains profitable and the Texas heat hits Chuy’s.

Financing

Central business districts and airports are back for Potbelly

By Lisa Jennings on Nov. 04, 2022

Growth in catering also helped the fast-casual chain reach record average unit volumes in the third quarter.

Financing

Papa John’s sales slow amid a 'challenging' year

By Jonathan Maze on Nov. 03, 2022

The pizza chain’s same-store sales fell less than 1% in North America as traveling consumers order less pizza. The company also lamented record costs that hit its profits.

Financing

G.J. Hart’s vision for Red Robin: Better burgers and more managers

By Joe Guszkowski on Nov. 03, 2022

The new CEO wants to get the brand back on track by improving its menu and correcting past missteps.

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