sales and profits

Luby’s slips deeper into the red

By Peter Romeo on Feb. 03, 2020

The diversified restaurant company posted a net loss for its Q1 despite rises in traffic and sales.

McDonald’s system sales hit $100B last year

By Jonathan Maze on Jan. 29, 2020

Delivery, kiosks and core menu items helped the chain generate its best comparable-store sales in more than a decade, but traffic remains elusive.

Financing

A look at some recent restaurant chain bankruptcies

By Jonathan Maze on Jan. 28, 2020

On Monday, Bar Louie and the owner of Village Inn and Bakers Square became the latest restaurant chains to file for federal debt protection. Here's a roundup of recent filings.

Financing

Bar Louie files for bankruptcy after closing 38 units

By Peter Romeo on Jan. 27, 2020

The pub chain says it has a stalking horse bidder and three other parties interested in an acquisition.

Financing

Ark Restaurants posts Q4 loss, citing higher labor costs

By Peter Romeo on Dec. 17, 2019

Results were also negatively affected by New York City’s massive Hudson Yards complex, the multiconcept operator said.

Financing

Restaurants are in a slow-growth era

By Jonathan Maze on Dec. 03, 2019

Sales recovery this year has been tepid, and delivery hasn't provided the boost many companies had hoped for, says RB’s The Bottom Line.

Financing

Luby’s losses deepen to $9.1M for Q4

By Peter Romeo on Nov. 26, 2019

The company posted a decline in comps on a drop in traffic for all three of its restaurant brands and announced an outsourcing of several headquarters functions.

Financing