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sales and profits

Financing

On Wall Street, Chipotle’s recovery is nearly complete

The company’s stock hit $700 a share on Wednesday for the first time since 2015, says RB’s The Bottom Line.

Financing

Why everybody isn’t posting numbers like Darden Restaurants’

The parent of Olive Garden and Capital Grille said its strong third quarter was the result of working a plan that’s long been in place. Here’s a refresher on some of the components.

But the company believes upcoming initiatives, including a plant-based Beyond Meat Taco, will help reverse its fortunes.

The chairman of Biglari Holdings has reignited a long-dormant activist campaign, says RB’s The Bottom Line.

The 100-unit casual chain is also looking to bolster sales and profits by charging more fully into catering.

Sixty-four-unit operator Diversified Restaurant Holdings said the chain’s rejuvenation efforts delivered his company’s first positive comps in three years.

After a rough end to 2018, the casual chain is tweaking its strategy to lure back guests, particularly for dine-in service.

Takeout sales grew 20% last quarter as the company’s focus on Thanksgiving and Christmas paid off.

The chain said its same-store sales have slowed so far this year due to the dual January problems.

Same-store sales plunged last year, so the chain is refranchising and improving its speed.