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sales and profits

Financing

Starbucks shares surge on stronger sales

 By Jonathan Maze on Jul. 25, 2019

The company’s U.S. same-store sales were its best in three years, thanks to more transactions.

Financing

Steak ‘n Shake gets a credit downgrade

 By Jonathan Maze on Jul. 22, 2019

Standard and Poor’s lowered its rating on the chain’s debt, saying it has an “elevated risk for a debt restructuring.”

Financing

Domino’s U.S. same-store sales lowest in 7 years

By Jonathan Maze on Jul. 16, 2019

The company’s stock plunged early Tuesday amid concerns it’s losing business to third-party delivery.

Financing

Luby’s posts another loss after closing 30 restaurants

By Peter Romeo on Jul. 15, 2019

Comps slipped by an average of 4% across its three restaurant brands.

Financing

How a Chinese hog epidemic could raise restaurant costs next year

By Jonathan Maze on Jun. 06, 2019

African Swine Fever has decimated the pork supply in China. That could raise U.S. protein prices next year.

Topics

Red Robin closes stores as traffic continues to slide

By Peter Romeo on May 30, 2019

The casual chain’s comps slipped 3.3% on a 5.5% drop in transactions in Q1.

Financing

Delivery is growing up, becoming incremental and profitable in the process

By Peter Romeo on May 23, 2019

Is it generating a net gain in transactions for the restaurant industry? Maybe not. But the chains doing it are seeing their sales, profits and transactions rise.

Financing

Sales surge at Chuck E. Cheese’s ahead of merger

By Jonathan Maze on May 14, 2019

The company said same-store sales increased 7.7% as all-you-can-play packages boosted sales.

Financing

Bad weather trumps Good Times’ big draw

By Peter Romeo on May 10, 2019

The regional chain posted a 5.9% drop in Q2 comps.

Financing

Wendy’s names Kurt Kane U.S. president in leadership revamp

By Jonathan Maze on May 08, 2019

Abigail Pringle was named president, international and chief development officer as part of management restructuring.

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