earnings

Financing

Chicken prices are causing big headaches for Noodles & Company

The pasta chain, where half of all customers order a dish with chicken, is adding a temporary $1 surcharge to those items because of soaring protein costs.

Financing

Chipotle raised prices another 4% but still can’t outrun inflation

The burrito giant’s revenue and same-store sales grew during the first quarter but its margins took another hit because of soaring commodity and labor costs.

As its restaurants staffed up again, sales followed, helping the chain generate its highest revenues ever for the period.

The two chains said they are starting to see some efficiencies after joining forces last year, but development was slowed by COVID.

The food-and-games operator said it’s seeing significant pent-up demand for gathering in its restaurants and is working to boost its late-night business.

The restaurant group generated $30 billion last year, a double-digit increase, and each of its six brands set growth records of their own.

One of the industry’s fastest-growing brands has been content to carve out its own path to success.

A historic December gave way to a difficult January for Darden Restaurants, but it had bounced back again by February.

On his final earnings call as chief executive, Lee provided some parting wisdom about the state of restaurants in an unusual moment for the economy.

The breakfast-and-lunch chain instituted a 3.9% hike in the first quarter as food and labor costs continue to rise.

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