sales and profits

Financing

Buffalo Wild Wings’ turnaround is underway, franchisee says

Sixty-four-unit operator Diversified Restaurant Holdings said the chain’s rejuvenation efforts delivered his company’s first positive comps in three years.

Operations

Red Robin airs a new comeback plan

After a rough end to 2018, the casual chain is tweaking its strategy to lure back guests, particularly for dine-in service.

The chain said its same-store sales have slowed so far this year due to the dual January problems.

Takeout sales grew 20% last quarter as the company’s focus on Thanksgiving and Christmas paid off.

Same-store sales plunged last year, so the chain is refranchising and improving its speed.

The largest restaurant concepts proved resilient last year, while Chick-fil-A leapfrogged Burger King and Wendy's to become the fifth-largest chain and Panera Bread joined the top 10.

After a turnaround year, both of the Dine Brands holdings are looking at ways of increasing off-premise sales, particularly catering, and expanding into new types of markets.

The company’s strategies will include scanners to improve its speed of service.

The chain expanded its all-you-can-eat hours, and sales have grown ever since.

The restaurant recession has been hardest on concepts in the middle, says RB’s The Bottom Line, and that should push the industry toward more consolidation.

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