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sales and profits

Financing

The omicron variant interrupts a healthy restaurant sales recovery

 By Jonathan Maze on Jan. 25, 2022

The Bottom Line: Industry sales were surprisingly strong after a second-half surge. But sales slowed in December after the latest spike in infections.

Financing

Despite challenges, restaurant operators are optimistic about the future

 By Jonathan Maze on Jan. 12, 2022

A survey from TD Bank also showed just how much third-party delivery and mobile ordering are driving sales for many restaurants.

Financing

As omicron spreads, restaurants face more labor and supply chain issues

By Jonathan Maze, Heather Lalley and Joe Guszkowski on Jan. 10, 2022

More evidence says the latest surge is hurting sales, but analysts and executives are expecting more of a “bump in the road” this time.

Financing

At Krispy Kreme, high commodity and labor costs hit margins

By Jonathan Maze on Nov. 10, 2021

The doughnut chain raised prices in September, for the second time this year, to offset its higher costs.

Financing

Technomic: Restaurant industry slowed in August

By Jonathan Maze on Sep. 29, 2021

The firm’s “Tindex” index suggests restaurants slowed 1.9% in the month, the likely result of the delta variant.

Financing

Re-staffing problems cut into Red Robin's Q2 sales

By Peter Romeo on Aug. 19, 2021

Unfilled positions prompted the chain to cut hours, reducing the top and bottom lines.

Financing

Krispy Kreme finds success with fresh doughnuts

By Jonathan Maze on Aug. 18, 2021

The newly public chain is generating more sales per location, thanks to more frequent deliveries of doughnuts through its “hub-and-spoke” system.

Financing

Chili's shoots past 2019 sales levels, but Maggiano's lags

By Peter Romeo on Aug. 18, 2021

Comps for both brands were helped by the It's Just Wings virtual concept, but off-premise business slipped overall.

Financing

Chicken sandwich boom pecks both ways, franchisee of BK and Popeyes finds

By Peter Romeo on Aug. 13, 2021

The craved item bolstered sales at Carrols' burger restaurants, but a glut of competition dampened business for its chicken outlets.

Financing

Earnings roundup: BurgerFi, Olo, Fiesta, Good Times

By Heather Lalley, Joseph Guszkowski and Peter Romeo on Aug. 12, 2021

Ghost kitchens and drive-thrus continued to be a plus during recent months.

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