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sales and profits

Operations

Denny's embraces new ways of broadening its customer base

 By Peter Romeo on Feb. 14, 2023

The diner chain is trying a number of initiatives to keep its core business fresh and growing. Meanwhile, its parent is getting ready to expand Keke's.

Financing

Subway says its sales grew again last year

 By Jonathan Maze on Feb. 02, 2023

Average unit volumes are higher than they’ve been in a decade and the sandwich chain says the number of closures has slowed, too. And more changes are coming.

Financing

Subway wants the world to eat a lot more sandwiches

By Jonathan Maze on Feb. 02, 2023

The fast-food sandwich chain wants to add 24,000 international restaurants to catch up with other quick-service brands. But the company is also pushing big changes to grow its U.S. business.

Financing

Restaurants want to do more business in less space

By Jonathan Maze on Feb. 01, 2023

Inflation is driving up the cost of operating a restaurant, making efficiency more important than ever. So chains are shrinking the size of their restaurants and reorganizing their kitchens.

Financing

Why 2023 will be a year of weaker sales and higher margins

By Jonathan Maze on Jan. 30, 2023

Fitch Ratings expects modest restaurant growth this year. But recent price increases and an improving inflationary environment should help with profits.

Financing

Ark Restaurants finds today's menu pricing to be a head-scratcher

By Peter Romeo on Dec. 20, 2022

The multiconcept operator has drastically raised prices, but doesn't know how much more can be passed along.

Financing

Washington operators have a rebuttal for those who say restaurants are too busy to be hurting

By Peter Romeo on Dec. 14, 2022

Industry leaders took reporters behind the numbers for a clearer, more nuanced picture of hospitality's ongoing rebound from the pandemic.

Financing

Dave & Buster’s profits improve but sales slow

By Jonathan Maze on Dec. 08, 2022

The eatertainment chain operator’s stock fell 7% after saying sales slowed down so far this quarter.

Financing

Last quarter’s big winner: Higher menu prices

By Jonathan Maze on Dec. 02, 2022

The Bottom Line: Other winners included Potbelly and third-party delivery, while Freshii, quick-service pizza and lower-income consumers were left out.

Operations

Restaurants ride a CPG wave

By Lisa Jennings on Nov. 22, 2022

Post-pandemic consumers are embracing their favorite restaurant brands on retail shelves despite higher grocery inflation.

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