earnings

Financing

Margins soar at Burger King franchisee Carrols, and so does its stock

The 1,000-unit operator said sales and traffic were better than expected and margins increased by 530 basis points. And its stock took off.

Operations

What to learn from two brands dubbed 'the next Chipotle'

Cava, the newly public fast-casual chain called "the next Chipotle" by investors, and Noodles & Co., which held that title a decade ago, just reported two very different quarters that are a study in contrasts—and offer a warning for Cava.

The drive-thru beverage chain’s shop profit margins soared last quarter, to 31%, thanks to a combination of price hikes and efficiency. It will help with California wages set to increase next year.

The honeymoon continues for the newly public fast-casual Mediterranean chain, but officials say there are challenges ahead.

Midway through 3Q earnings, it appears wage inflation is still a challenge, but restaurants are fully staffed, turnover is low and efforts to optimize efficiency are paying off.

These investments may not be flashy, but chains say they're getting the job done.

The Chicago-based sandwich chain reported same-store sales up 8%, driven by traffic. That momentum is expected to continue into Q4.

The burger chain said its incentive programs are convincing more operators to build locations, an important goal for a company intent on unit growth.

The burger chain is intent on “cleaning” its asset base, closing weaker stores and remodeling others in a key part of its comeback plan.

The chain saw a marked slowdown after Labor Day and is planning to ease up on price increases to give consumers a break.

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