Jonathan Maze

Page 206

High cheese prices and the pandemic hurt Domino’s profits

The company’s U.S. sales hit a record levels in the third quarter, but margins declined because of higher commodity prices and pandemic costs.

Financing

McDonald's had its best month in nearly a decade in September

Same-store sales hit double digits last month, and 4.6% in 3Q, thanks to the Travis Scott meal and Spicy Chicken McNuggets.

Financing

Why a second wave might be worse for restaurant-landlord relations

This week’s episode of the RB podcast “A Deeper Dive” features real estate attorney Stephen Cohen, who has recommendations on lease negotiations.

Financing

Ruby Tuesday declares bankruptcy

The struggling casual dining chain has shed 185 locations during the pandemic and is down to 250 locations.

Food

McDonald’s is introducing a bakery lineup

The burger giant is adding a cinnamon roll, blueberry muffin and apple fritter to its lineup later this month.

Financing

Teens prefer Chick-fil-A by a wide margin

The chicken chain has been increasingly dominant in Piper Sandler’s annual Taking Stock with Teens survey, which shows young people slowing their spending.

Financing

Considering a virtual chicken wing brand? Think again

The sudden infusion of so many virtual chicken wing concepts could lead to another price spike. There’s already evidence it’s happening, says RB’s The Bottom Line.

Financing