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Chuy's

Financing

Little-known relief measure brings chains millions in aid

A change in depreciation schedules has entitled Chuy’s to a $3 million tax refund. Chipotle will also be a beneficiary.

Operations

Chuy’s, Ruth’s Chris adopt extraordinary measures

Staffs have been furloughed, salaries have been cut, and cash has been pooled.

The casual chain posted a 2.9% comp gain and a 5.4% rise in revenues, but investors wanted to learn more about pandemic what-ifs.

The underperforming stores will be shuttered by the end of the year, the chain says.

At a time of free-falling traffic for the industry, the smaller casual brands relied largely on pricing to improve results.

Increasing traffic is still a challenge in casual dining, as these three brands showed in their most recent financial results.

The regional chain intends to raise familiarity through a combination of nontraditional and tried-and-true marketing efforts.

Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more.

Reports of new cases routinely cite eating places as the source of the contamination, but an alarm has yet to sound.

The 100-unit casual chain is also looking to bolster sales and profits by charging more fully into catering.

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