earnings

Technology

Why some restaurants are glad to see delivery sales dropping

For brands like Shake Shack and Red Robin, less delivery has meant more people are ordering in person. They view that as a good thing.

Financing

Starboard Value takes a stake in Bloomin' Brands

The activist investor, which once won every seat on the Darden Restaurants' board, now owns nearly 10% of the Outback Steakhouse parent.

Price-conscious guests and the loss of MrBeast Burger took a bite out of delivery sales. But the chain is more focused on the dining room, anyway.

After a successful return to the airwaves earlier this year, the chain plans to invest up to $60 million in more commercials.

After its June IPO, the fast-casual chain came out of the gate strong, with second-quarter traffic up more than 10%.

The Bottom Line: Earnings reports this period suggest a substantial slowdown in same-store sales among large chains in the second quarter. Are prices to blame? Or is it normalization?

In its first earnings call as a public company, the Korean barbecue concept’s co-CEO said that its value is a strength. It’s also been profitable for most of its history.

Six months after it started selling doughnuts at 160 McDonald’s restaurants in Kentucky, Krispy Kreme said the test is proving to be valuable. But it needs more production capacity.

The fast-casual chain pivoted quickly to lower pricing and slow the "sudden and significant" traffic declines. But now Noodles is taking a more comprehensive look at strategies to drive sales.

The operator’s stock surged again on Thursday, and is the year’s best performing, following “one of the best quarters in the company’s 63-year history.”

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