earnings

Financing

Investors lose patience with Dave & Buster's

The Bottom Line: Stock in the food-and-games chain plunged 17% on Tuesday after sales and profitability weakened, providing a tough start for new CEO Tarun Lal. Or maybe it’s an opportunity.

Operations

Portillo's is slowing its growth and killing its breakfast test

The fast-casual Italian beef chain lowered its expectations for the third quarter, sending its shares down more than 7%. The company plans to simplify operations and highlight value.

Slowing tourism in New York City and macro pressures in Washington, D.C. have weighed down sales for the fast-casual chain. But elsewhere, operational investments are paying off, says CFO.

The Week in Restaurants: This week’s episode of the weekly restaurant news discussion podcast looks at fast-casual struggles, Chili’s strong sales and Subway’s cash.

Outgoing CEO Drew Madsen has shepherded a reimagining of the fast-casual chain's food offerings for two years. But what tested well last year is meeting a new reality.

With celebrity partnerships, a stable management team, management improvements and a better Canadian economy, the fast-food chain keeps generating strong sales.

The Big Yummm meal launched last month has helped the casual-dining chain chip away at a sharp traffic decline. But it is still expecting sales to be down this year.

The casual-dining chain has now posted five straight quarters of double-digit growth fueled by value and marketing and improved operations. It is not taking its foot off the gas.

The Bottom Line: Sweetgreen, Wingstop, Chipotle and now Cava have seen sales slow this year, and their stock hit hard in the process. Fast-casual chains are not immune to the current challenges.

The Italian casual-dining chain is backing away from efforts to go upscale and will instead apply the same back-to-basics approach that has worked so well for its sister concept, Chili’s.

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