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Financing

How your restaurant sales and profits compare to competitors' and what you can do to improve financial performance

Financing

Here are the companies that have filed for bankruptcy this year

 By Jonathan Maze on Aug. 07, 2024

Sixteen restaurant chains, operating companies or large franchisees have filed for bankruptcy so far in 2024.

Financing

The operating environment is unusual right now

 By Jonathan Maze on Aug. 07, 2024

The Bottom Line: The year is filled with some odd results, with companies trading share, fast food considered a luxury and otherworldly results at wing chains.

Financing

Why China is causing headaches for Starbucks

By Jonathan Maze on Aug. 07, 2024

A Deeper Dive: Consultant Joel Silverstein joins the Restaurant Business podcast to discuss the state of international markets for restaurants, particularly the crazy coffee business in China.

Financing

Noodles & Company could close up to 20 underperforming restaurants

By Lisa Jennings on Aug. 07, 2024

As the fast-casual chain's turnaround effort unfolds, CEO Drew Madsen said a portfolio review could result in some units being shuttered.

Financing

California holds some surprises for Jack in the Box

By Jonathan Maze on Aug. 07, 2024

Profitability for the burger chain and its sister concept, Del Taco, declined in the quarter, thanks to the state’s fast-food wage. But California was one of the company’s best sales markets.

Financing

Outback Steakhouse turns to value as traffic falls

By Joe Guszkowski on Aug. 06, 2024

The casual-dining steak chain is hoping a $14.99 three-course meal will pull in choosy consumers, and it is planning more value offers this year.

Financing

First Watch sees fewer visits but little trading down

By Peter Romeo on Aug. 06, 2024

Meanwhile, its aggressive expansion plan remains in place, with 130 development projects underway.

Financing

For Yum Brands, KFC U.S. becomes a footnote

By Jonathan Maze on Aug. 06, 2024

The Bottom Line: The company’s flagship brand is struggling in its domestic market as it loses ground to competitors. But it warranted barely a mention on the company’s earnings call.

Financing

Amid headwinds, Portillo's focuses on throughput and eye-catching ads

By Lisa Jennings on Aug. 06, 2024

The fast-casual chain is improving drive-thru speeds and will be advertising during Bears games to focus on what can be controlled.

Financing

Taco Bell stands out in a tough market

By Jonathan Maze on Aug. 06, 2024

The Mexican chain’s same-store sales rose 5% last quarter, thanks to Cantina Chicken, even as customers reduce visits to other fast-food chains, including other Yum Brands concepts.

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