earnings

Financing

Texas Roadhouse sales rise thanks to dine-in resurgence

By Joe Guszkowski on May 05, 2022

On-premise visits have returned to 2019 levels, and executives believe there’s room for more.

Financing

Shake Shack: Cities are bouncing back, but inflation persists

By Heather Lalley on May 05, 2022

Shake Shack raised menu prices another 3.5% in March and said more price hikes could be on the way.

Financing

Pizza Hut’s sales stumbled last quarter

By Jonathan Maze on May 04, 2022

The pizza chain’s domestic same-store sales fell 6% and executives blamed a shortage of delivery drivers. Taco Bell and KFC sales both increased.

Financing

Wingstop heaves a sigh of relief as it finally starts to see ‘meaningful deflation’ in wing prices

By Heather Lalley on May 04, 2022

The wing chain said it opened its dining rooms at the end of March, after shuttering them at the outset of the pandemic.

Financing

With costs soaring, Chili’s turns to a new menu, service model and robots

By Jonathan Maze on May 04, 2022

Parent company Brinker’s stock price plunged Wednesday as costs increase and margins thin despite higher prices. The company is looking at ways to improve efficiency.

Workforce

Applebee’s parent bets tech can make up for fewer workers

By Joe Guszkowski on May 04, 2022

Dine Brands is investing in handheld server tablets and exploring robots to help ease a nagging staffing shortage.

Financing

Burger King’s same-store sales fall in the U.S. but flourish internationally

By Jonathan Maze on May 03, 2022

Tim Hortons’ Canada sales surge, Popeyes declined and Firehouse Subs beat difficult comparisons.

Financing

Starbucks is increasing wages and benefits again, but not at union stores

By Jonathan Maze on May 03, 2022

The company says it is making another $200 million in investments, including improvements to productivity and wages, but Interim CEO Howard Schultz says the company legally can’t provide them to union locations.

Financing