Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 5
Financing

Popeyes sales took a hit last quarter

The chicken chain’s same-store sales declined 4.9% in the U.S. last quarter, but sister chain Burger King’s same-store sales rose 2.6%.

Financing

McDonald's sales soared last quarter, thanks to the Grinch and Monopoly

The fast-food giant reported its best domestic same-store sales result in more than two years as marketing promotions drove customer counts, particularly its Grinch Meal in December.

A Deeper Dive: Mike Grams, chief operating officer of the coffee shop giant, joins the restaurant finance podcast to discuss the company’s turnaround, remodels, service improvement and expansion.

The Bottom Line: The founder and majority owner of the restaurant chain operator has long been a controversial figure. That has not changed since the company filed for bankruptcy.

The Bottom Line: The longtime activist, the burger chain’s largest shareholder, is targeting David Goebel with a “vote no” campaign in one of the restaurant industry’s most unusual proxy fights.

A court delayed a hearing about the fast-food chain operator’s role after steps were taken to improve the company’s governance. But creditors expressed concern about Wiederhorn’s actions.

The bankrupt restaurant chain operator said that funds used from the sale of Twin Peaks stock were to be used to raise funds for the company and not to enrich CEO Andy Wiederhorn.

The full picture of the economic devastation of the Department of Homeland Security's Operation Metro Surge is just now coming into view. But efforts are building to help restaurants.

The Bottom Line: This week’s edition of the weekly restaurant finance newsletter looks at the challenges at Pizza Hut and a huge reason why it fell behind longtime rival Domino’s.

A group of the fast-food operator’s bondholders want the company’s CEO suspended after a stock sale involving Twin Peaks. They also questioned the executive’s control over the company.

The coffee shop giant has spent the past 18 months returning to its roots as a coffee shop where customers want to stay. Now the company plans to go on offense.

The Week in Restaurants: This week’s episode of the weekly restaurant news discussion podcast looks at the fast-casual burrito chain’s tough year, Subway’s franchisee bankruptcy and Yum Brands.

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