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Bloomin’ Brands continues to lock horns with inflation

 By Joe Guszkowski on Jul. 29, 2022

The Outback Steakhouse parent is adding new technology and equipment to make restaurants more productive and will likely raise prices again to ease higher costs for just about everything.

Financing

High chicken prices give Noodles & Company a headache

 By Jonathan Maze on Jul. 28, 2022

The noodle chain’s profits missed expectations as inflation ate into margins, but company executives believe that commodity prices have peaked.

Financing

Cheesecake Factory says COVID—not the economy—is messing with sales

By Joe Guszkowski on Jul. 28, 2022

Regional spikes are having an impact on the chain’s top line. Meanwhile, it continues to battle higher costs for food and labor.

Financing

Amid rare sales slide, Wingstop pulls some growth levers

By Joe Guszkowski on Jul. 28, 2022

The chain is joining Uber Eats and expanding chicken sandwiches nationwide after same-store sales fell 3.3%.

Financing

Texas Roadhouse says customers are getting back to normal

By Joe Guszkowski on Jul. 28, 2022

The chain’s traffic fell slightly in the second quarter, which executives said is typical for summer. The decline came entirely on the to-go side of the business.

Financing

McDonald’s sales rise, thanks to digital and price increases

By Jonathan Maze on Jul. 26, 2022

Nearly one-third of sales in the fast-food burger chain’s biggest markets came from digital, while profits were hurt by Russia closures and rising costs for food and labor.

Financing

The pandemic is over, at least according to McDonald’s customers

By Jonathan Maze on Jul. 26, 2022

The fast-food burger giant saw more normalized use last quarter, as customers make smaller orders and go through the drive-thru less often. Chipotle Mexican Grill is seeing similar trends.

Financing

McDonald’s value future will be more personalized

By Jonathan Maze on Jul. 26, 2022

The Bottom Line: The burger chain, which thrived during the Great Recession with a Dollar Menu, hopes to get through the next recession with more local and targeted offers.

Financing

Chipotle struggles with speed as customers return to its restaurants

By Jonathan Maze on Jul. 26, 2022

The burrito chain said staffing has reached pre-pandemic levels, but newer workers are less versed in operating with heavy in-restaurant business. The company is kicking off an operations effort to fix it.

Financing

As BJ’s wrestles with inflation, its guests remain unfazed

By Joe Guszkowski on Jul. 22, 2022

Customers haven’t reacted to higher prices yet, but more hikes are coming at the casual-dining chain.

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