sales

Financing

Texas weather puts a big chill in Cracker Barrel’s sales

The blow from Mother Nature comes as the chain is about to test a new chicken-and-biscuits virtual concept.

Financing

Burger King hopes a $1 menu solves its value problem

The company’s value offers have been “choppy,” but executives say its $1 Your Way menu is a key part of the plan to improve the chain’s performance.

A quick look at how small-cap restaurant companies fared during recent months.

With consumers at home, the chain’s chicken buckets sold strongly last year while the company worked to improve its drive-thru times.

The seafood-focused fast-food chain is anticipating a big season, which traditionally amounts to 20% of its annual sales.

The industry started 2021 with its best couple of weeks since the pandemic began, which could point to a fast recovery, says RB’s The Bottom Line.

The group’s just-issued forecast expects sales at eating and drinking places will hit $548.3 billion.

The rise in per-restaurant revenue came despite the continuing suspension of indoor dining in California, the casual chain's largest market.

The industry is active, focused on adding technology and expecting a quick turnaround.

Sales declined almost 20% last year and slowed in the last three months of 2020 as a surge in coronavirus infections hammered the industry.

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