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Financing

New menu helps Outback reclaim 93% of year-ago sales

Parent company Bloomin' Brands also revealed that it plans to expand the steakhouse's fast-casual spinoff, Aussie Grill.

Financing

Consumers appear more comfortable dining out

A survey suggests consumers’ comfort with eating at restaurants has hit a post-pandemic peak despite continued concerns about COVID-19

Financing

Red Robin takes measures to boost dining capacities

By Peter Romeo on Sep. 10, 2020

Restaurants with reopened dining rooms have recaptured 83.9% of their pre-COVID sales.

Financing

Restaurant spending slows but remains positive

By Jonathan Maze on Sep. 02, 2020

Spending is slowing in other areas, too, according to Facteus, potentially suggesting an impact from the loss of enhanced unemployment benefits.

Financing

Consumers are still spending at restaurants

By Jonathan Maze on Aug. 20, 2020

Sales turned positive last week for the first time since March, according to Facteus, despite the loss of stimulus payments. RB’s The Bottom Line has one possible explanation.

Financing

Restaurants lose big in switch to virtual political conventions, study finds

By Peter Romeo on Aug. 17, 2020

Milwaukee businesses will forgo $186.5M, and Charlotte will lose $289.2M.

Financing

Black Box: 12% of full-service chain restaurants are closed

By Jonathan Maze on Aug. 14, 2020

Sales are recovering slowly, but remain well below last year’s numbers, and full recovery could take time.

Financing

Restaurant earnings in brief: Good Times, Bad Daddy, Kona Grill, STK, Freshii

By Peter Romeo on Aug. 14, 2020

A sampling of recent weeks’ earnings announcements from a variety of small-cap companies and their brands.

Financing

Restaurant sales are slowly returning

By Jonathan Maze on Aug. 05, 2020

Benchmarks suggest continued gradual improvement in industry sales, with fast food leading the way. But concerns remain.

Financing

BJ’s steady growth hits hurdle with reclosures

By Joe Guszkowski on Jul. 24, 2020

Same-store sales were down 57.2% for the second quarter as dine-in returned and off-premise remained strong.

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