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Financing

Winners and losers from a weird earnings season

 By Jonathan Maze on Aug. 26, 2024

The Bottom Line: Some restaurant chains did extremely well, others less so. And even those that seemingly did well did not do well, at least if you ask Wall Street.

Financing

Struggling BurgerFi hires a chief restructuring officer

 By Lisa Jennings on Aug. 23, 2024

In addition, three board members have resigned from the parent company of BurgerFi and Anthony's Coal-Fired Pizza, indicating bankruptcy could be coming.

Financing

Red Robin's comeback spoiled by traffic troubles

By Joe Guszkowski on Aug. 23, 2024

Customers say they’re more satisfied with the burger chain’s food and service, but fewer are choosing to visit. That has dimmed the chain's near-term outlook.

Financing

Inflation-weary consumers are trading down, up and over to Cava

By Lisa Jennings on Aug. 22, 2024

For the second quarter, the Mediterranean chain reported industry-busting traffic growth of 9.5%. Why? It's perceived as a good value.

Financing

BurgerFi says it may file bankruptcy

By Lisa Jennings on Aug. 16, 2024

The parent of BurgerFi and Anthony's Coal Fired Pizza said there's substantial doubt about the company's ability to continue to operate.

Financing

Acting like a fast-food chain gives Chili's a 14.8% sales bump

By Peter Romeo on Aug. 14, 2024

The main operation of Brinker International said traffic jumped 5.9%, in part on the strength of drawing first-time guests. Investors were still not pleased.

Financing

Chili's' better-than-fast-food campaign is a smash

By Lisa Jennings on Aug. 14, 2024

The casual-dining chain wrapped two full years of turnaround with the Big Smasher burger and Nashville Hot Mozz driving in new guests.

Financing

Potbelly finds sweet spot with $7.99 combo meal

By Lisa Jennings on Aug. 12, 2024

CEO Bob Wright is not a fan of more aggressive discounting but he wants to stop guests from trading down to their own refrigerators.

Financing

Topgolf, suddenly struggling, could be spun off

By Jonathan Maze on Aug. 12, 2024

Parent company Topgolf Callaway Brands is conducting a strategic review of the golf-focused restaurant concept to either reverse its sales decline or spin it off.

Financing

For Dutch Bros, California is just fine

By Jonathan Maze on Aug. 09, 2024

The drive-thru coffee chain increased its store-level profitability last quarter, despite higher labor costs thanks to the state’s $20 fast-food wage.

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