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finance

McDonald’s monthly sales slump worst since 2003

 By Peter Romeo on Sep. 09, 2014

Comparable sales for U.S. stores slid 2.8 percent for the industry leader’s worst performance in a decade.

This week’s 5 head-spinning moments: Trends that zigged to recent zags

 By Peter Romeo on Feb. 20, 2015

If trends always unfolded in linear fashion, any restaurateur could latch on for a ride. This week was a reminder that market tendencies are more likely to zig and zag like a rodeo bull with anger issues. Consider these examples of restaurateurs trying to stay astride the trends despite some neck-jarring changes in direction.

This week’s head-spinning moments: 6 overlooked wows from McD’s turnaround plan

By Peter Romeo on May 08, 2015

In some ways, there were actually three plans packed with different levels of CEO Steve Easterbrook. Some of the possibilities he raised could have been missed, but shouldn’t be.

Outback parent to close 43 restaurants after posting loss

By Peter Romeo on Feb. 17, 2017

Bloomin' Brands said Q4 domestic comps fort Outback and Carrabba's decreased 4.8% and 2.3%, respectively.

Operations

This week’s 5 head-spinning moments: Forced retirements

By Peter Romeo on Oct. 20, 2017

Venerable business principles and concepts were shipped off to the old folks' home this week, worsening observers' neck arthritis.

Financing

Investors were lovin’ McDonald’s in 2017

By Jonathan Maze on Jan. 02, 2018

The burger chain’s stock surged more than 40%, making it the top-performing brand on Wall Street.

Financing

Tax reform has a downside for Chili’s parent

By Peter Romeo on Jan. 30, 2018

Deferred taxes have a lower value for Brinker International under revised federal rates, cutting into the casual-dining company's profits.

Financing

Shake Shack set to speed up growth in 2018

By Benita Gingerella on Feb. 16, 2018

The chain plans to open between 32 and 35 new domestic units in the next year.

Financing

Bravo Brio to be sold to GP Investments for $100M

By Jonathan Maze on Mar. 08, 2018

The owner of Bravo Cucina Italiana and Brio Tuscan Grille will be acquired in an all-cash deal.

Financing

Burger King and Popeyes are testing delivery

By Jonathan Maze on Apr. 24, 2018

Both brands have the service in “hundreds” of restaurants and plan to expand it quickly.

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