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sales and profits

Financing

BJ's Restaurants starts thinking longer term

 By Peter Romeo on Oct. 23, 2020

While still focused on the near-term complications posed by the pandemic, management is experimenting longer-term initiatives such as a beer subscription program.

Financing

Moody's says the restaurant industry's outlook has improved

 By Jonathan Maze on Oct. 20, 2020

The bond rating service said the industry’s outlook has stabilized as business conditions have improved.

Financing

Applebee's franchisee files for Chapter 11 bankruptcy

By Peter Romeo on Oct. 20, 2020

Wisconsin Apple, a 25-unit operator, cited cost spikes amid depressed revenues as underlying factors.

Financing

Popeyes sales continue to soar while Burger King and Tim Hortons fall

By Jonathan Maze on Oct. 14, 2020

The chicken chain’s same-store sales rose 19.7% last quarter even as its sister chains both continued to see declines.

Financing

High cheese prices and the pandemic hurt Domino’s profits

By Jonathan Maze on Oct. 08, 2020

The company’s U.S. sales hit a record levels in the third quarter, but margins declined because of higher commodity prices and pandemic costs.

Financing

McDonald's had its best month in nearly a decade in September

By Jonathan Maze on Oct. 08, 2020

Same-store sales hit double digits last month, and 4.6% in 3Q, thanks to the Travis Scott meal and Spicy Chicken McNuggets.

Financing

Golden Corral's largest franchise operator files for Ch. 11 bankruptcy

By Peter Romeo on Oct. 05, 2020

Eric Holm's 1069 Restaurant Group has run up a debt of $49.7 million. Only six of its 33 units are open.

Financing

Darden sees no virtual concepts in its future

By Peter Romeo on Sep. 25, 2020

The emotional connection and controls on execution just aren’t there, according to its CEO.

Financing

For Sizzler, the pandemic proved too much to handle

By Jonathan Maze on Sep. 22, 2020

The steakhouse chain and its popular salad bar declared bankruptcy to renegotiate leases, but its challenges run deeper, says RB’s The Bottom Line.

Financing

Fewer NYC restaurants were able to pay full rent in August

By Peter Romeo on Sep. 21, 2020

About a third could not pay any rent at all, according to a study by the New York City Hospitality Alliance.

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