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sales and profits

Financing

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

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

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.

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

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

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.

Q2 results show the industry's unexpectedly strong sales rebound is coming across the board.

The fast-casual noodle chain is raising prices 3% starting next week, on top of 2.5% pricing taken earlier this year.

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