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sales & profits

Financing

Technomic: October sales improve, but not for everybody

Customers flocked to chicken and steak chains and away from sports bars, according to the latest Technomic Chain Restaurant Index.

Financing

Casual-dining chains see some progress

Led by Applebee’s and BJ’s, dine-in chains were big winners last quarter, says RB’s The Bottom Line.

Financing

Freshii stock craters after company ceases guidance

By Jonathan Maze on Nov. 08, 2018

Weakening same-store sales and slower-than-expected store openings sent the share price down as much as 45%.

Financing

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

By Peter Romeo on Nov. 07, 2018

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

Financing

Chuy’s loses $7.5M in Q3

By Peter Romeo on Nov. 07, 2018

The Mexican casual chain puts the blame on escalating labor costs and the effects of bad weather.

Financing

Red Robin’s service problems drag down comp sales 3.4%

By Peter Romeo on Nov. 07, 2018

Traffic and check averages also declined.

Financing

Discounts hurt Wendy’s sales

By Jonathan Maze on Nov. 07, 2018

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

Financing

Papa John’s closes 51 locations

By Jonathan Maze on Nov. 06, 2018

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

Financing

El Pollo Loco stock skyrockets on stronger sales

By Jonathan Maze on Nov. 02, 2018

The company said that its sales growth has continued into the fourth quarter, sending shares to new highs.

Financing

Applebee’s, IHOP look longer term after strong Q3 sales, traffic gains

By Peter Romeo on Nov. 01, 2018

Comps jumped 7.7% for Applebee’s and 1.2% for IHOP.