earnings

The Cheesecake Factory puts faith in higher prices

By Joe Guszkowski on Nov. 01, 2022

The casual-dining chain said consumers are accepting of price hikes even as sales slowed. It will need to take even more to fight off inflation.

Financing

Why Texas Roadhouse could soon be the country’s biggest casual-dining chain

By Joe Guszkowski on Oct. 28, 2022

The brand now believes it can have 900 restaurants in the U.S. That footprint combined with robust sales put it on pace to pass its competitors.

Operations

Chipotle is losing guests to McDonald’s. Will the burrito chain discount to bring them back?

By Lisa Jennings on Oct. 28, 2022

It’s a conversation that came up during the Great Recession, said Chipotle CFO Jack Hartung.

Financing

Delivery continues to flower at Bloomin' Brands

By Joe Guszkowski on Oct. 28, 2022

Delivery sales increased during the company’s third quarter even as more people returned to its dining rooms. “The customer has a habit,” CEO Dave Deno said.

Financing

Marketing efforts lifted McDonald’s sales last quarter

By Jonathan Maze on Oct. 27, 2022

Camp McDonald’s helped propel digital sales at the burger giant, though the strong dollar caused some headaches. The company also warned of a potential recession in the U.S. and Europe.

Financing

Texas Roadhouse to buy 8 more stores from a franchisee

By Joe Guszkowski on Oct. 27, 2022

The chain will acquire the restaurants early next year as its corporate locations continue to outperform franchisees.

Operations

Wingstop earnings get a boost from lower chicken costs

By Lisa Jennings on Oct. 26, 2022

Domestic same-store sales were up 6.9%, mostly on increased transactions, and the fast-casual chain sees room for growth with new sandwiches and expansion of delivery.

Financing