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Financing

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

Financing

Potbelly decides to take a $10M PPP loan

 By Heather Lalley on Aug. 17, 2020

The struggling sandwich chain returned its PPP money last spring but opted to accept a loan during the second funding round to help it stay afloat.

Financing

No, publicly traded chains are not on the verge of bankruptcy

 By Jonathan Maze on Aug. 17, 2020

The largest chains’ risk of default has decreased in recent weeks, says RB’s The Bottom Line.

Financing

Noodles’ CFO resigns

By Heather Lalley on Aug. 17, 2020

Ken Kuick, who has been with the chain since 2018, said his departure is not connected to the fast casual’s performance during the pandemic.

Financing

Bankrupt operator NPC to close up to 300 Pizza Hut locations

By Jonathan Maze on Aug. 17, 2020

The franchisee is also selling its Pizza Hut units following an agreement with the franchisor.

Financing

Restaurants lose big in switch to virtual political conventions, study finds

By Peter Romeo on Aug. 17, 2020

Milwaukee businesses will forgo $186.5M, and Charlotte will lose $289.2M.

Financing

McDonald’s faces a fight with its former CEO

By Jonathan Maze on Aug. 17, 2020

Steve Easterbrook is seeking to dismiss the company’s clawback lawsuit, saying the company had information about his relationships.

Financing

Black Box: 12% of full-service chain restaurants are closed

By Jonathan Maze on Aug. 14, 2020

Sales are recovering slowly, but remain well below last year’s numbers, and full recovery could take time.

Financing

Restaurant earnings in brief: Good Times, Bad Daddy, Kona Grill, STK, Freshii

By Peter Romeo on Aug. 14, 2020

A sampling of recent weeks’ earnings announcements from a variety of small-cap companies and their brands.

Financing

Suddenly, there are not enough restaurants

By Jonathan Maze on Aug. 14, 2020

Large numbers of closures have drained much of the industry’s supply, even as demand has remained strong, says RB’s The Bottom Line.

Financing

Garbanzo Mediterranean Grill declares bankruptcy

By Jonathan Maze on Aug. 14, 2020

The fast-casual franchise, struggling before the pandemic, said steep declines in sales and royalty income made matters worse.

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