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sales and profits

Operations

Darden provides a glimpse of COVID’s impact

The parent of Olive Garden and LongHorn Steakhouse detailed how it has changed operations to temper the wallop, and warned of the potential damage if the situation worsens.

Financing

Restaurants are already seeing traffic declines over coronavirus

Growing restrictions and fear are keeping people at home as more than two-thirds of operators tell Black Box their traffic is down.

Financing

Be scrappy: How restaurants can survive as their sales plunge

By Jonathan Maze on Mar. 17, 2020

Operators need to cut costs, focus on takeout and delivery and think outside the box as they face a long period with little sales.

Financing

Even with no symptoms, Chuy’s is grilled on coronavirus

By Peter Romeo on Mar. 06, 2020

The casual chain posted a 2.9% comp gain and a 5.4% rise in revenues, but investors wanted to learn more about pandemic what-ifs.

Financing

Starbucks says the China coronavirus outbreak will cost it up to $430M

By Jonathan Maze on Mar. 05, 2020

Same-store sales in the country fell 78% in February, though 90% of stores are now open, and sales are improving as life slowly returns to normal.

Marketing

Applebee’s to push value after 2.5% drop in Q4 comps

By Peter Romeo on Feb. 24, 2020

IHOP will also tout its bargains, and both brands will make a push for more catering business, according to their parent company.

Operations

Cheesecake Factory starts taking reservations

By Peter Romeo on Feb. 20, 2020

Tables will be set aside on a limited basis for prebookings, a move intended to draw more convenience-driven patrons.

Financing

Outback’s parent airs alternatives to a sale

By Peter Romeo on Feb. 18, 2020

Suitors have come forth for Bloomin’ Brands’ Brazilian operations, but not for the company as a whole, officials say.

Financing

Denny’s updates its plan for keeping sales on the upswing

By Peter Romeo on Feb. 12, 2020

In some respects, the strategy is far from textbook.

Financing

Popeyes same-store sales rose 38% last quarter

By Jonathan Maze on Feb. 10, 2020

The company’s chicken sandwich was one of the best new-product introductions in fast-food history.

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