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Financing

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

Financing

First Watch bucks summer slowdown with 8% traffic growth

 By Joe Guszkowski on Aug. 09, 2022

Same-store sales at the a.m. chain rose 13.4% in the second quarter as customers continue to flock to its restaurants.

Financing

Starbucks does well in Italy, while Domino’s does not

 By Jonathan Maze on Aug. 09, 2022

The Bottom Line: Consumers are apparently warming to the coffee giant. But the pizza chain is calling it quits in the marke

Financing

Papa Murphy’s owner to acquire Famous Dave’s parent for $200M

By Jonathan Maze on Aug. 09, 2022

MTY Food Group, which also owns Pinkberry and Cold Stone Creamery, among many others, will buy BBQ Holdings for $17.25 per share.

Financing

Applebee’s tweaks its strategy for Cosmic Wings

By Joe Guszkowski on Aug. 09, 2022

The chain is adding the virtual brand’s items to its in-store menu. It’s also testing a second delivery-only brand in about 100 restaurants.

Financing

As digital sales rise, Potbelly tests more tech investments

By Jonathan Maze on Aug. 08, 2022

The sandwich chain is testing new in-store technology as digital sales now represent more than a third of revenue.

Financing

Ruth's Chris sees some relief on beef costs

By Joe Guszkowski and Jonathan Maze on Aug. 08, 2022

Earnings Roundup: Chuy's sales hurt by the Texas heat and Fat Brands looks for more acquisition targets.

Financing

Krystal hopes fewer seats yield more restaurants

By Jonathan Maze on Aug. 08, 2022

The burger chain broke ground on a new prototype with fewer or no seats, which it says can save on buildout costs and could prompt more development.

Financing

Some restaurants see a cautious consumer. Others, not so much

By Jonathan Maze on Aug. 08, 2022

Executives with some chains say their diners are shifting to discounts while others say their customers are spending more.

Financing

Restaurant hiring picked up in July

By Jonathan Maze on Aug. 05, 2022

The industry added 74,100 jobs, its best rate in months. But the number of employees remains short of pre-pandemic levels.

Financing

7-Eleven acquires the delivery service Skipcart

By Greg Lindenberg on Aug. 05, 2022

The acquisition will give the convenience-store giant access to a major network of delivery drivers for the restaurant and retail channels.

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