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sales and profits

Financing

Burger King plots its strategy to regain its momentum

The burger chain, which has underperformed its competitors in recent years, believes speedier remodels, better operations, more digital and balanced marketing can turn it around.

Topics

What cost pressures? Outback's parent sees significant Q2 margin growth

Bloomin' Brands posted an average rise in restaurant-level operating profits of five percentage points.

Sales at Burger King recovered but remained lower than many of its rivals while Popeyes lost some momentum.

Same-store sales in July rose 25.5% over 2019, but management warned investors that margins are still under pressure because of labor and commodity inflation.

Taco Bell, Pizza Hut and Habit Burger all saw sales recover over 2019 levels while the company opened a record number of global restaurants.

The owner of KFC, Pizza Hut, Taco Bell and Habit opened a record number of restaurants and has increased its development expectations.

Staffing challenges aren't hampering sales, which are running 10% over pre-pandemic levels.

Restaurants generated more than $70 billion in sales last month as it has recovered from the pandemic. But how consumers use restaurants is different, says RB’s The Bottom Line.

The Japan-based chain is resuming its penetration of the U.S. market now that its current 32 units are fully open.

Olive Garden’s sales increased relative to 2019, while the casual dining operator’s fine dining concepts see improvements.

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