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sales and profits

Financing

McDonald’s stock soars on better-than-expected sales

 By Jonathan Maze on Apr. 30, 2018

The company’s stock rose 5% Monday even though traffic fell in the first quarter.

Pollo Tropical to close stores

 By Peter Romeo on Apr. 24, 2017

The Latin chicken chain is pulling out of two core markets as part of a sweeping new turnaround plan by Fiesta Restaurant Group, which also owns the Taco Cabana brand.

Financing

McDonald’s sees traffic gain in 4.1% comp rise

By Peter Romeo on Oct. 24, 2017

Guest counts rose because of a high-low pricing strategy, the quick-service giant said.

Joe’s Crab Shack said to be heading for bankruptcy

By Peter Romeo on May 04, 2017

The filing could come as early as next week, according to one report.

Consumer Trends

Global restaurant scene leaves U.S. market in the dust

By Peter Romeo on Nov. 02, 2017

China is poised to eclipse the U.S. as a hotbed of activity.

Financing

This week’s 6 head-spinning moments: Sales therapies

By Peter Romeo on May 12, 2017

Cheesecake Factory says it has a second fast-casual venture in the works, Dunkin' convenes a workforce Woodstock, Noodles clears the table and McDonald's touts its merits as a first job.

Marketing

Papa John's finds no allies in NFL attack

By Peter Romeo on Nov. 07, 2017

Competitors say they've not felt the football fallout Papa John's cites as the main reason for a sales slowdown.

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