sales and profits

Financing

Casual dining finally shrinks unit count

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

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

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

The Italian chain is apparently looking for a buyer.

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

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

Early Q1 earnings reports show some big-name players reaping the benefits of programs that began long ago.

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

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