earnings

Operations

Shake Shack's C-suite will look different for the next phase of growth

The chain was already looking for a new COO. Now the search is on for a new CEO. If an activist investor has its way, the leaders will have strong operational experience in limited service.

Financing

Cracker Barrel traffic took a big hit last quarter

Same-store sales at the family dining chain slipped 0.5% despite a 6.8% rise in menu prices.

The burger chain says it expects to counter wage hikes in the state with a combination of price, margin and loyalty. But how will it affect transactions?

The Florida-based company has closed five underperforming restaurants and more may be shuttered. Meanwhile, chicken is coming to the menu to help turn things around.

Owner Thai Union Group said the all-you-can eat shrimp was priced too low, resulting in better traffic but significant losses.

The 1,000-unit operator said sales and traffic were better than expected and margins increased by 530 basis points. And its stock took off.

The drive-thru beverage chain’s shop profit margins soared last quarter, to 31%, thanks to a combination of price hikes and efficiency. It will help with California wages set to increase next year.

Cava, the newly public fast-casual chain called "the next Chipotle" by investors, and Noodles & Co., which held that title a decade ago, just reported two very different quarters that are a study in contrasts—and offer a warning for Cava.

The honeymoon continues for the newly public fast-casual Mediterranean chain, but officials say there are challenges ahead.

These investments may not be flashy, but chains say they're getting the job done.

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