News

Financing

Changes at Buffalo Wild Wings failed to avert a loss, 5.5% drop in comps for franchisee Diversified Restaurant Holdings

But comps rebounded into positive territory last month, the operator says.

Financing

Discounts hurt Wendy’s sales

The company’s stock price fell after same-store sales declined for the first time in years.

Initiatives legalizing pot use in Michigan and halting taxes on services in Arizona were also approved.

Bad weather led to a 20% decline in sales that made an “immediate” filing and sale necessary, says RB’s The Bottom Line.

Dave Pickens, a former president of Olive Garden, will also serve as COO.

The parent company of Taco Cabana and Pollo Tropical lagged behind analyst expectations and saw minimal traffic growth, prompting stock prices to nosedive.

Dallas-based franchisee Sun Holdings will take control of the 169-unit chain.

But the company doesn’t get the valuations that some of its competitors have received, says RB’s The Bottom Line.

The company’s North America same-store sales declined nearly 10% in the third quarter.

Durational Capital Management and The Jordan Company will buy the chicken QSR.

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