Financing

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

Financing

Franchise sales were hot last year as operators cashed out

The Bottom Line: More than 9% of restaurants in the 20 largest franchise restaurant brands changed hands last year. But operators may have missed their chance at historically high valuations.

Financing

Krispy Kreme lowers its profit outlook and its stock price plunges

The doughnut chain’s shares declined 13% on Wednesday amid weakening profits. The company also plans to close 10 weak locations and acquire a 6-unit franchisee.

The Bottom Line: Domino’s, Papa John’s and Krispy Kreme all said challenges across the pond caused weakness in their results. That could portend to slowing global growth.

A Deeper Dive: This week’s podcast features a discussion on fast-food menu trends, including the future of plant-based meat and the proliferation of ultra-limited time offers.

The sandwich giant will add automatic slicers to its restaurants over the coming year to lower food costs and improve freshness.

The burger chain, eager to spur unit growth, is giving franchisees a break on royalties over four years if they agree to open at least three locations.

The private equity firm, which owns Modern Restaurant Concepts, now has $4 billion in assets under management.

The Bottom Line: Both companies appear to be getting traction in the suburbs. But they have a big foot in slow-to-recover urban areas.

Wendy’s has been gaining sales in the morning, in part at the expense of its Miami-based rival. And now they’re battling over French toast sticks.

The drive-thru beverage chain’s same-store sales have been hurt by its aggressive building strategy. But it says it is building overall coffee market share by preventing long lines and poor service.

  • Page 103