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sales and profits

Operations

Should Cracker Barrel get out of the gift shop business?

By Peter Romeo on Dec. 01, 2023

Reality Check: The retail component of the family dining concept drew off sales and profits during the brand's most recent quarter. Maybe it's time to leave the shops out of future Cracker Barrels.

Financing

Winners and losers from a weird quarter

 By Jonathan Maze on Nov. 10, 2023

The Bottom Line: Burger King operator Carrols, Cava and Wingstop were the big winners. But there were plenty of concepts that would rather have that one back.

Financing

Restaurant chains have to work harder to get sales this year

By Jonathan Maze on Oct. 30, 2023

The Bottom Line: After “pent-up demand” kept customers coming back in 2022, restaurants have to work harder in 2023 to get customers coming in the door.

Operations

Shake Shack isn't sorry to see delivery drop, especially with kiosks proving a boon

By Peter Romeo on Aug. 03, 2023

Steering more customers toward self-ordering will be a major strategic objective through 2024, executives say. The chain will also strive to cut its development and construction costs by 10%.

Financing

Earnings roundup: Sysco sees industry growth slowing, Marriott says vacation travel is back

By Peter Romeo on Aug. 01, 2023

Both companies say market conditions are complicated by the particulars.

Operations

First Watch's management trades high-fives over a drop in third-party deliveries

By Peter Romeo on Aug. 01, 2023

The drop-off pushed traffic into negative territory, but executives say a simultaneous rise in on-site business is better for the concept.

Financing

Why restaurant sales are growing, despite high prices

By Jonathan Maze on Jul. 19, 2023

A Deeper Dive: Jim Balis, managing director with CapitalSpring, joins the podcast to talk about the state of the restaurant industry and mergers and acquisitions.

Operations

Independent restaurants contend with a new inflationary problem: Climbing rents

By Peter Romeo on Jun. 28, 2023

A new survey found that 63% were hit with an increase in 2023, leaving 45% unable to cover their June fee.

Emerging Brands

All aboard: Kura's high-tech sushi train picks up speed

By Joe Guszkowski on Jun. 14, 2023

The fast-growing Japanese brand wants to bring sushi to the American masses by outsourcing much of the work to machines.

Financing

Not all the restaurant news came from big chains this earnings season

By Peter Romeo on May 11, 2023

Earnings roundup: Results from smaller operators and several industry suppliers also cast light on the industry’s performance, particularly by independents.

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