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sales and profits

Operations

Noodles & Company to raise prices again as commodity, labor costs soar

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

Financing

Casual dining silences its doubters with head-turning July results

The recent flurry of earnings reports shows a sector enjoying a clear boom. The question is, will it last?

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.

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

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

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.

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