Jonathan Maze

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Jonathan Maze

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Financing

Want more sales? Just add cheese

The Week in Restaurants: This week’s episode of the restaurant news discussion podcast examines Applebee’s cheese-fueled sales growth, Burger King’s Whopper improvements and the pizza sector.

Financing

Burger King's store-level profitability runs into a beef cost wall

The Bottom Line: The fast-food chain has been improving per-store profitability in recent years as it works to solidify its performance. But beef prices had something to say about that.

The doughnut chain’s stock soared on Thursday after the company said that its profit margins improved as the company’s shift to more franchising, and fewer logistics, starts taking hold.

The pizza chain’s North America same-store sales have fallen for seven of the past eight quarters. It is cutting 7% of its workforce while closing underperforming restaurants and eliminating menu items.

The fast-food chain, which just hired the former head chef of Popeyes, is improving the Whopper for the first time in a decade. It is the first in a series of improvements to the menu slated for this year.

The fast-casual sandwich chain is changing its name again, returning to the Schlotzsky’s Deli moniker to remind customers what it’s all about. “I thought you were a dry cleaner.”

The Bottom Line: On earnings calls, industry chief executives expressed caution about the state of the economy this year, even as they were bullish about their own plans.

A Deeper Dive: Molly Catalano, chief marketing officer for the fast-casual burger chain, joins the restaurant finance podcast to discuss the chain’s evolution and its push into catering.

Domino’s Pizza Enterprises, the pizza chain’s giant Australia-based franchisee, has struggled of late and just hired its third CEO in just over a year. The franchisor’s international success depends on its turnaround.

The fast-food giant will introduce the half-pound burger domestically for a limited time starting March 3. The burger had done well in several international markets.

The giant restaurant operator, which owns more than 1,100 restaurants in the KFC, Taco Bell, Arby’s and Sonic systems, is now the drive-in burger chain’s fourth-largest franchisee.

Popeyes and Wendy’s believe that improving the way their restaurants are run is key to turning their sales around. So they’re bolstering their field operations staffs to help franchisees.

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