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sales and profits

Financing

The omicron variant interrupts a healthy restaurant sales recovery

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

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

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

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

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

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

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

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

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

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

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