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Financing

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

Financing

Restaurant sales expected to increase this year, but volatility will continue

 By Jonathan Maze on Feb. 01, 2022

The National Restaurant Association is projecting the industry to generate a record $898 billion in sales this year, according to its State of the Restaurant Industry report. But labor and food cost challenges remain.

Financing

Omicron variant takes a bite out of Starbucks margins

 By Jonathan Maze on Feb. 01, 2022

The coffee chain finished the year with strong sales, but higher charges for supplies, wages and training put a lid on profitability. The company is raising prices and cutting overhead.

Financing

Union-funded shareholders think McDonald’s didn’t get enough from Steve Easterbrook

By Jonathan Maze on Feb. 01, 2022

Pension funds for Teamsters union members say the company’s $105 million settlement from its former CEO did not go far enough.

Financing

Starbucks CEO Kevin Johnson received a big pay increase last year

By Jonathan Maze on Jan. 31, 2022

His total pay package topped $20 million in 2021, up 39% over 2020, as the company’s sales and stock price strength returned.

Financing

Restaurant chains get a prod on social responsibility from mega-investor BlackRock

By Peter Romeo on Jan. 31, 2022

The nation's largest private-equity firm has alerted restaurant operators and the other companies in its portfolio that it will heavily weigh social commitment in allocating capital.

Financing

Checkers and Rally’s turn to unit growth

By Jonathan Maze on Jan. 28, 2022

The drive-thru chains expect to add 60 locations this year after signing deals on both coasts.

Financing

After years of declines, McDonald’s plans U.S. unit growth this year

By Jonathan Maze on Jan. 28, 2022

The Bottom Line: The company has not added locations since 2014. After closing another 239 locations in 2021 it has the smallest number of units in 20 years.

Financing

Two of the industry’s Wall Street darlings have taken a beating this year

By Jonathan Maze on Jan. 28, 2022

Chipotle, which once flirted with $2,000 a share, along with Domino’s have lost more than 20% of their value thus far in 2022.

Financing

At McDonald’s, some sign of an improving labor crisis

By Jonathan Maze on Jan. 27, 2022

The company said about 1% of its stores have shortened hours, down from 10% earlier. But many dining rooms remain closed.

Financing

Digital orders and chicken sandwiches drove strong sales at McDonald's last year

By Jonathan Maze on Jan. 27, 2022

U.S. same-store sales hit a record in 2021, driven in part by price increases and the company’s promotions, including its new loyalty program.

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