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Quick_Service

Financing

Wendy’s starts a recruitment drive for more diverse franchise owners

 By Jonathan Maze on Feb. 28, 2022

The burger chain announced the initiative, “Own Your Opportunity,” which includes financing help and new formats that lower the buildout costs.

Financing

Soaring costs take a big bite out of Burger King franchisee Carrols’ already thin margins

 By Jonathan Maze on Feb. 25, 2022

The 1,000-unit franchisee’s adjusted EBITDA margin was more than cut in half last quarter thanks to labor and beef cost inflation. It is reducing its 10-piece chicken nuggets to eight.

Financing

KFC grew in the U.S. for the first time in 17 years in 2021

By Jonathan Maze on Feb. 25, 2022

The chain lost its status as the country’s biggest chicken concept. But eight years of same-store sales growth, new remodels and an improved outlook has the company looking forward.

Financing

Stuffed crust and New York-style pizza give Papa Johns a big boost

By Jonathan Maze on Feb. 24, 2022

The chain’s new premium products helped sales take off last year. But the company also said they helped it overcome inflationary concerns.

Financing

How Portillo’s is handling life as a public company

By Jonathan Maze on Feb. 23, 2022

A Deeper Dive: Michael Osanloo, CEO of the hot dog and Italian beef chain, joins the podcast to discuss labor, the chain’s drive-thru-only plans and keeping the focus on the long term.

Financing

Jack in the Box takes some big steps toward growth

By Jonathan Maze on Feb. 23, 2022

The quick-service burger chain shrunk last quarter. But it has more commitments for new units from franchisees than at any time in its history.

Financing

3 things to think about Subway’s 2021

By Jonathan Maze on Feb. 23, 2022

The Bottom Line: The company’s sales announcement this week provided an incomplete picture of its performance. But that doesn’t mean we can’t draw some conclusions.

Leadership

Firehouse Subs names Mike Hancock COO

By Jonathan Maze on Feb. 23, 2022

The brand’s first new c-level executive in a decade comes from Tim Hortons and will oversee operations and technology

Financing

Fat Brands says its CEO is under investigation

By Jonathan Maze on Feb. 22, 2022

The owner of Fatburger and Johnny Rockets says the SEC is looking into loans made to Andy Wiederhorn and his family.

Financing

Subway’s unit volumes hit an 8-year high in 2021

By Jonathan Maze on Feb. 22, 2022

The sandwich giant’s average unit volumes were their highest since 2014 and same-store sales were flat compared with 2019. But hundreds of stores are still closing.

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