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sales and profits

Restaurant sales made strides in March

 Apr. 15, 2015

After two months of flattening sales, March restaurant sales saw positive growth.

6 anvils dangling over restaurateurs’ heads

 By Peter Romeo on Jul. 12, 2017

The annual Restaurant Trends & Directions conference yielded some good news, but also some threats to watch.

Financing

Delivery’s third-party players

By Sam Smith on May 04, 2015

Takeout’s sibling, delivery, is seeing notable activity as well, and it’s mainly coming from third-party providers and the investors who seem to love them.

Applebee's to close as many as 135 stores

By Peter Romeo on Aug. 10, 2017

Franchisor DineEquity has more than doubled the projection, while also warning of a step-up in closures of IHOP units as well.

Financing

Pollo Tropical same-store sales start to recover

By Jonathan Maze on Apr. 18, 2018

Sister chain Taco Cabana’s transactions fell 11.3% as the company moves away from discounts.

Operations

Restaurants play the blame game

By Peter Romeo on Mar. 02, 2017

Bad financial results have restaurant chain executives citing all kinds of factors for their top- and bottom-line difficulties, from an unexciting football season to high legal fees. Do they have a case? It depends.

Emerging Brands

Technomic's 25 fastest growing global chains

By Kelly Killian on Sep. 19, 2017

Growth-minded restaurateurs know the importance of keeping an eye on the competitors entering and expanding in their markets.

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.

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