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sales and profits

Financing

In brief: Q3 results for Ruth’s Chris, Chuy’s, J. Alexander’s, STK

 By Peter Romeo on Nov. 08, 2019

At a time of free-falling traffic for the industry, the smaller casual brands relied largely on pricing to improve results.

Financing

A discounting mistake cost a big Burger King operator $8M last quarter

 By Jonathan Maze on Nov. 07, 2019

Carrols Restaurant Group accidentally gave customers a bigger discount than they expected, hurting the operator’s sales and profits.

Financing

Red Robin suspends refranchising

By Peter Romeo on Nov. 05, 2019

The decision follows an unprofitable quarter when traffic continued to slide.

Financing

Steak ‘n Shake traffic and sales keep falling

By Jonathan Maze on Nov. 01, 2019

The burger chain’s revenue fell more than 26% last quarter amid temporary store closures.

Financing

Dine Brands sees tougher times ahead for Applebee's

By Peter Romeo on Oct. 30, 2019

Between 30 and 40 stores are now expected to close by Jan. 1.

Financing

Another concept for Denny’s?

By Peter Romeo on Oct. 30, 2019

Management raised the possibility of an acquisition during a review of Q3 results, citing an abundance of cash.

Financing

Cheesecake Factory leverages Fox deal for better delivery terms

By Peter Romeo on Oct. 30, 2019

The company also said a TV test proved better than expected.

Emerging Brands

Texas Roadhouse set to expand little-known fast-casual brand

By Peter Romeo on Oct. 29, 2019

The high-flying company plans to add two Jaggers units to the two that already open.

Financing

Popeyes’ sales surge, thanks to the chicken sandwich

By Jonathan Maze on Oct. 28, 2019

Same-store sales rose 10.2% last quarter with help from the popular menu item, which returns on Sunday.

Operations

BJ’s Restaurants plans to try beer subscriptions

By Peter Romeo on Oct. 25, 2019

The venture was one of several sales-boosting initiatives outlined by the casual chain after posting a slip in comps and profits for Q3. Also on tap: Tableside ordering via cell phone.

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