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sales and profits

Financing

Turnaround plans yield results in casual dining

 By Peter Romeo on Feb. 26, 2018

The latest flurry of earnings reports show clear sales and traffic improvement for a number of the sector's big brands.

Financing

Papa John's splits with the NFL

 By Jonathan Maze on Feb. 27, 2018

The chain ends its sponsorship after weak ratings are blamed for poor sales.

Financing

Rising labor expenses cost restaurants $250M in 2017

By Jonathan Maze on Mar. 01, 2018

Higher wages continued to be a problem late last year, even at chains with rising sales, says RB's The Bottom Line.

Financing

Chuck E. Cheese's feels the heat from trampoline parks

By Jonathan Maze on Mar. 28, 2018

The chain tests a new payment system to fend off competition.

Financing

Casual dining finally shrinks unit count

By Jonathan Maze on Mar. 30, 2018

The sector closed more units than it opened last year, according to Technomic, after a decade of weak sales.

Financing

Restaurants may face profit squeeze from upstream supply issues

By Peter Romeo on Apr. 10, 2018

Labor and material supply issues are putting pressures on vendors that will likely channel down to operators.

Financing

Steak 'n Shake sticks to its low-price strategy

By Jonathan Maze on Apr. 11, 2018

Despite two years of weak traffic and tension with operators, the burger chain believes low prices are vital to build sales.

Financing

Bertucci’s reportedly prepares a bankruptcy filing

By Jonathan Maze on Apr. 13, 2018

The Italian chain is apparently looking for a buyer.

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.

Financing

Chipotle stock surges as new CEO makes his mark

By Jonathan Maze on Apr. 26, 2018

Brian Niccol, in his first Chipotle earnings call, says the company has been “invisible,” and needs to provide more “consumer access.”

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