earnings

Financing

Cava hits speed bump as consumers navigate macroeconomic 'fog'

The fast-casual chain's same-store sales were up 2.1%, with traffic flat, but that's the lowest increase since Cava went public in 2023. Tough comparisons with the launch of steak last year were partly to blame.

Financing

Beef tallow and Bitcoin apparently helped Steak n Shake sales

The burger chain said the key metric rose 10.7% last quarter after the chain started using beef tallow with its fries. It also called Bitcoin a "game changer."

The fast-food chain was surprised by the economic downturn and said that its 100 Days of Summer promotion was too complex, more than offsetting strong sales of its Frosty dessert.

The number of pizzas ordered from the chain increased 6% last quarter, helping drive sales and traffic growth.

The Week in Restaurants: This week’s episode of the restaurant news discussion podcast looks at the gap in performance between casual-dining and fast-food chains.

The $6 combos have been driving traffic for the pancake chain, so it will start offering them on weekends, while also encouraging customers to order more expensive items.

The weak second quarter wasn't just about consumers cutting back. CEO Jonathan Neman says Sweetgreen has some operational work to do. Will bringing back the Sweetflow dessert help?

The fast-food chain's corporate locations have generated better sales results than the system as a whole. But the company remains committed to finding the right franchise partners.

The fast-food chain’s same-store sales fell at their highest rate in 15 years as challenges with low-income and Hispanic consumers persist, but the company says it is seeing signs of improvement.

The drive-thru coffee chain’s same-store sales rose 6.1% and the company raised expectations for the year, sending its stock up as much as 20%.

  • Page 6