sales and profits

Financing

Here's what we're looking for this upcoming earnings season

The Bottom Line: Here are a few key topics we’re watching as restaurant chains start reporting their end-of-year earnings next week, including Starbucks, McDonald’s, the Trump effect, optimism and weather.

Financing

One big reason for 2024's closures: Too many restaurants

The Bottom Line: The industry had too many locations in 2019. The pandemic led to a lot of closures. But the industry has been aggressively opening restaurants since 2020.

The fast-casual chain has struggled to turn around its financial performance, but its stock price has remained below $1 long enough to trigger a warning.

The family-dining chain posted a same-store restaurant sales increase of 2.9% for the first quarter, but retail sales continued to slip.

The breakfast-and-lunch chain said it's banking on the pinpoint communications afforded by richer consumer data to reinvigorate traffic, which slid 4.4% in the third quarter.

The second quarter was apparently no kinder to smaller cap public restaurant companies than it was to the big players. Here's a look at three with decidedly mixed results.

Meanwhile, its aggressive expansion plan remains in place, with 130 development projects underway.

Sales fell even though prices increased 5%, so the family-dining chain is bringing back its old $2/$4/$6/$8 tiered menu. Franchisees also closed 15 units last quarter.

Several restaurant chains, notably Starbucks, are navigating weak spending and increasing competition in the fast-growing market. But they remain bullish on its future.

A look beyond the most recent results for big restaurant brands shows customers cutting back nearly across the board.

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