sales and profits


Restaurants catch up on their rent payments as price hikes take hold

But more than a third of operators were still behind on their lease obligations, according to new research.


Quiznos throws a Hail Mary

The sandwich chain’s owners face the ultimate challenge: Revitalizing a brand after a decade-long freefall. They are trying almost everything to bring it back to life.

The Bottom Line: Profitability concerns and fears of an economic downturn overshadowed strong overall sales.

The golf equipment maker, which acquired the golf-focused eatertainment concept in 2020, will now be known as Topgolf Callaway Brands Corp.

The Bottom Line: Domino’s, Papa John’s and Krispy Kreme all said challenges across the pond caused weakness in their results. That could portend to slowing global growth.

Following a successful $10 meal deal, the chain is queuing up happy hour and lunch specials, even as it works to keep costs down.

Executives with some chains say their diners are shifting to discounts while others say their customers are spending more.

The diner chain, which earlier this year said it was easing up on value, is embracing it again amid a difficult economy.

As the ghost kitchen company has expanded to more than 60 locations across the country, it has left a trail of failed businesses in its wake.

The chain is joining Uber Eats and expanding chicken sandwiches nationwide after same-store sales fell 3.3%.

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